1. Swift message MT 940/941/942
Raiffeisen Bank delivers the Customer Statement Message MT940/941/942. This message is sent by S.W.I.F.T to a financial institution (concentrating institution) which has been authorized by the account owner to receive it. The Statement Files are created automatically by our Core Banking System, at the frequency desired by the Customer. MT 940 will be generated and sent both when there are transactions on the account and when there are no transactions on the account.
For many International Companies it is a must to receive consolidated information on their accounts all over the world at an International Bank of their choice. This service aims to fulfill the needs of these companies who have subsidiaries or branches, etc in Albania and hold an account with our
2. Swift message MT 101
SWIFT Message MT101 is applicable when the Customer orders a Banking Institution, in this case our Bank, to debit its account/s with RBAL, and credit account/s of thirds local and international parties, within RBAL or in another bank. SWIFT Message MT101 is sent by another Financial Institution on behalf of their customer, to a customer of Raiffeisen Bank Albania.
It is useful & efficient for International Companies, who have account/s with RBAL, which can not contact directly with the Bank, due to impossibility of geographic or functional access.
When the Customer would like a Centralized Ordering Party for the company’s transfers. Transfers are sent directly from the mother Company.
SWIFT Standard for International Use.
B. SWEEP SERVICE
This service enables the automatic transfer of the amounts which exceed the defined limit according a certain period from one account to another one of the same customer, as per customer’s request.
C. PERIODIC PAYMENTS
Periodic Payments is a service offered to customers to perform periodic payments automatically from their Current Account, for fixed amounts. The Customer can perform different payments, such as, rent, different subscriptions, etc.