SERVICES AND DEADLINES. The following is a list of our BdC Online services including their specific details and, where relevant, their respective deadlines: • Create Transfer Transfers may be submitted at any time; however, the request will only be carried out during our regular business hours indicated in these Terms and Conditions. The deadline for approving instructions for an external transfer to be executed on the same business day is 03:00 PM. Transfers between BdC accounts will also be executed after business hours including weekends, given there is sufficient funds on the account to debit. In case of an international wire transfer (SWIFT transfer), please make sure that your transfer is submitted by 11:00 AM in order to be handled on the same business day. Transfers will only be processed when the account has sufficient funds. • Between My Accounts This feature allows an internal transfer to take place between the Accounts linked to the customer’s number. For example, a customer can transfer from a Savings Account to another Savings Account under his or her name, but it is also possible to make a transfer from a Current Account to a Savings Account and vice versa. This type of transfer is processed instantly if there are sufficient funds on the account the funds are transferred from. • Bill Payment This feature allows you to create payments at any time to listed payees. The payee will receive the payment during business hours. Payments cannot be made from accounts with insufficient funds. • Bulk Payment This Feature allows corporate customers to execute multiple payments under one execution. This option is useful for companies, for example, when executing the payment of salaries of employees at the end of the month. Bulk payments must be submitted before 03:00 PM in order to be processed on the same business day. Bulk payments containing international transfers must be submitted before 11:00 AM, to be processed on the same business day. • Scheduled payments This feature allows you to schedule a one-time payment or a set of recurring payments. Scheduled payments will only be executed on business days. If the scheduled payment happens to be on a weekend or holiday, it will be executed on the next business day, if there are sufficient funds available. The schedule runs once a day. Because of that a scheduled payment must be inserted at least a day before the desired date of execution. • Credit Card balance and transaction information A Credit Card transaction appears in the ...
SERVICES AND DEADLINES. The following is a list of Banco di Caribe N.V. online services and their respective deadlines. Other services may be added to Banco di Caribe N.V. online from time to time: - Bank References Bank reference requests may be submitted by BDCO Mail feature. A bank reference is normally completed within two business days after the request has been made. - Stop Payments Stop payments may be issued on a single cheque number or a range of cheque numbers at anytime. The stop payments request received during Bank’s working hours will occur on the specified cheque(s). Stop payments requests after 3:00pm EST will be processed the next business day. - Internal transfer The customer can transfer funds electronically from any of his current or savings account(s) to any other current or savings account owned by him. - External transfer External transfers may be submitted at anytime; however, the request will only be carried out during our regular business hours (8:00am - 3:00 pm EST). The deadline for entering instructions for an external transfer to be acted on in the same business day is 1:00 pm EST, depending on the schedule of the other banks involved.
