Piraeus Bank

Payment Operations Services Abroad

For payments abroad, client should submit:

  • signed and stamped certified payment order in accordance with Instructions for the implementation of the Decision on conditions and manner for performing international payment operations (RS official Gazette no. 24/2007)
  • documentation proving the payment purpose (agreement, pro- invoice, invoice; JCI; forms on international credit operations certified by NBS and the like)

Cost Options - SHA (shared) or OUR (Ordering party)

For international payment orders, SHA option enables the client to pay only banking costs in the country.

The Bank recommends this SHA option, unless the client has agreed otherwise regarding cost options with a foreign partner.

With OUR cost option, the client pays all banking costs, both those in the country and abroad. Therefore the Bank advises usage of this option only if so agreed with a foreign partner.


Client can present an outgoing payment order:

  • in person
  • by E-banking
  • by fax
  • by mail

If client presents outgoing payment order via e-banking it is obligatory to submit to the Bank supporting documentation via fax or e-mail.

For international payment orders, non-resident clients have to provide the Bank with payment instructions signed and stamped on their letterhead and supporting documentation.

Payment orders secured with coverage for payment, charged in accordance with Bank’s Tariff Policy, supported with relevant documents and received by the Bank in hardcopy by 12h or electronically by 14h will be executed on the same working day. Orders received thereafter will be executed the next working day.


NOTIFICATION on Payments in a European Union Member-Country in the amount up to EUR 50,000 >>>

Application documents are located under section Download, on the right-hand side menu.

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