Bank’s clients have the possibility to transfer their money on our bank branches or through digital platform “Raiffeisen ON”

Bank customer have the possibility to do:

1. Money transfers within own accounts
2. Money transfers toward other bank clients – Individuals, business or Govern Institutions
3. Utility Bill payments – through digital platform “Raiffeisen ON” or bank’s branches
4. Automatic Payments (Direct Debit) of utility payments
5. Periodic Payments
6. Cheques

1.Money transfers within own accounts

Bank’s clients have the possibility to transfer their money through their own accounts, same or different currency. Also they can make their monthly minimal payment of Credit Cards. These transfers can be done through digital platform “Raiffeisen ON” or at bank’s branches. Also at bank branches, clients have the possibility to make cash deposit on their own accounts.

2. Money transfers toward other bank clients – Individuals, business or Govern Institutions

Bank’s clients have the possibility to transfer their money toward other bank’s client accounts. Transfer beneficiary can be an individual, business, utility company or Govern Institution (es: State treasury, Tax institution). These type of transfers can be done through digital platform “Raiffeisen ON” or at bank’s branches. Also at bank branches, clients have the possibility to make transfer through cash deposit.

3. Utility Bill payments – through digital platform “Raiffeisen ON” or bank’s branches

Bank’s clients have the possibility to their monthly utility bills through digital platform ‘Raiffeisen On” or at bank’s branches.

Utility bill payments can be done:

• Cash deposit at cash desk
• Payments form clients bank account -  digital platform “Raiffeisen On” or at bank’s branch

Bill payments process include most advanced automatic and secure payments

4. Automatic Payments (Direct Debit) of utility payments

Bank’s clients have the possibility to pay monthly utility bills automatically. Through an authorization, bank automatically pay every month clients utility bills. Through this method, clients can avoid waiting crowds at utility facilities in order to pay monthly bills.

In order to benefit from this service, bank clients should register at branches providing below documents:

• Utility contract or passbook
• A copy of the latest utility bill
• A valid identification document

Bill payment at branches, Raiffeisen On, automatic payments (direct debit) are listed below:

• OSHEE
• VODAFONE
• TELEKOM ALBANIA
• ALBTELEKOM
• EAGLE MOBILE
• DIGITALB
• ABCOM
• PLUS COMMUNICATION
• UJESJELLESI

5. Periodic Payments

This service makes possible automatic payments of a fix amount and periodicity from client’s account to another bank account (within Raiffeisen Bank or another bank)

Benefits:

1. Clients may perform a payment from their account to another account for paying automatically different types of payments, like: apartment rent, different subscriptions, etc, in or out Albania.
2. You may use this service as a comfort saving alternative by transferring periodically money in deposit accounts or Raiffeisen Invest accounts.

In order to profit from this service, fulfill the authorization form by specifying:

1. Payments frequency
2. Beneficiary’s account
3. Payment’s amount

6.Cheques

Raiffeisen Bank accepts for collection different cheques in local or foreign currency.

In Raiffeisen Bank’s network are not accepted for collection cheques issued outside Albania, in which is specified the usage only within the issuing country.

Why you should choose Raiffeisen Bank

• We are the bank with biggest number and territory spread of branches in Albania
• We offer competitive service fee
• We offer different method to transfer your money
• We offer professional and fast service
• We offer safety and transparency
• Money are delivered within the day at beneficiary account

Details on service fee, please read Terms & Conditions published at branches or web page.

Raiffesein Bank is the bank with most territory extension in Albania and Central & Eastern Europe. Bank Clients have the possibility to transfer their money to beneficiaries which have accounts outside the bank. Outgoing payments can be done through digital platform “Raiffeisen ON” or at banks’s branch

Outgoing payment type:

1. Outgoing payments with beneficiary account in every bank in the world
2. Outgoing payments with beneficiary account at Raiffeisen Kosova
3. Outgoing payments with beneficiary account in Raiffiesen Group Bank
4. MoneyGram

1. Outgoing payments with beneficiary account in every bank in the world

If you perform an Outgoing Payment from Raiffeisen Bank Albania, you may benefit from its advantages:

• Commissions to be paid:  Favorable and competitive in the market
• Time needed for the funds to arrive in beneficiaries account: Within 0-1 working days in ALL currency and within 2 – 3 working days in foreign currency.

The necessary information and documents that the sender should bring in the Bank for performing an Outgoing payment are:

1. Name, Surname and a valid Identification document of the sender
2. Account Number of the sender
3. The amount of money to be sent + commissions (calculated as per payment conditions *)
4. Name and surname of the beneficiary
5. Complete address of the beneficiary
6. Beneficiary’s Bank name and SWIFT code of the bank
7. IBAN code of beneficiary’s account (if it is applicable)
8. Purpose of the transfer and other documents that may be needed as per Bank of Albania regulation “On foreign exchange activities”.

*Outgoing Payment commission conditions are:

• OUR - The sender will pay all the commissions
• SHA – The sender pays the commissions of the sender Bank and the beneficiary pays the commissions of the correspondent Bank and beneficiary’s Bank
• BEN – The beneficiary will pay all the commissions

2.Outgoing payments with beneficiary account at Raiffeisen Kosova

Raiffeisen Bank Albania and Raiffeisen Bank Kosovo have an exclusivity agreement for outgoing payments in EUR & USD.

Benefits:

• Time needed for the funds to arrive in beneficiaries account: Within 0-1 working days
• Commissions to be paid:

10 EUR/14 USD for every Outgoing Payment
10 EUR/14 USD for payments with OUR condition

3. Outgoing payments with beneficiary account in Raffeisen Group Bank

You may benefit from the preferential conditions that Raiffeisen Bank offers for all Outgoing Payments performed between banks of Raiffeisen Group.

Benefits:

• Commissions to be paid: 20% less than standard commission
• Time needed for the funds to arrive in beneficiaries account: Within 0-1 working days
• Money Transfer’s currency: EUR

4. MoneyGram

MoneyGram is a fast, secure and reliable service enabling sending and withdrawing money around the world within just a few minutes. MoneyGram service is provided in more than 300,000 agencies worldwide and in more than 200 states in worldwide.

You can receive and send money with MoneyGram outside Albania through Raiffeisen Bank branches.

The necessary documents and information needed to send money through MoneyGram:

1. Valid Identification document of the sender
2. Name, Surname of the sender
3. Account Number of the sender
4. The amount of money to be sent + respective commissions
5. Name, Surname of the beneficiary
6. Complete address of the beneficiary
7. The currency of the incoming MoneyGram payment

Why you should choose Raiffeisen Bank

• We are the bank with biggest number and territory spread of branches in Albania
• We offer competitive service fee
• We offer different method to transfer your money
• We offer professional and fast service
• We offer safety and transparency

Details on service fee, please read Terms & Conditions published at branches or web page.

Your account on Raiffesen Bank give the possibility to receive incoming payments from other banks (within Albania or not). Incoming Payments can in domestic or foreign currency

If you perform an Incoming Payment from Raiffeisen Bank Albania, you may benefit from its advantages:

• Commissions to be paid:  Favorable and competitive in the market
• Time needed for the funds to arrive in beneficiaries account: Within 0-1 working days ALL currency and within 2 – 3 working days in foreign currency

Please provide with the following information companies or individuals who would like to send you an Incoming Payment:

1. Beneficiary’s Bank: Raiffeisen Bank Albania
2. SWIFT Code of the beneficiary’s bank: SGSBALTX
3. IBAN Code (International Bank Account Number)
4. Your name & Surname or your company name as it is registered in Raiffeisen Bank.

Incoming payments with beneficiary account at Raiffeisen Kosova

Raiffeisen Bank Albania and Raiffeisen Bank Kosovo have an exclusivity agreement for incoming payments in EUR & USD.

Benefits:

• Time needed for the funds to arrive in your account: Within 0-1 working days
• Commissions to be paid: 10 EUR/14 USD for every incoming Payment

Outgoing payments with beneficiary account in Raiffiesen Group Bank

You may benefit from the preferential conditions that Raiffeisen Bank offers for all Incoming Payments performed between banks of Raiffeisen Group.

Benefits:

• Commissions to be paid: 20% less than standard commission
• Time needed for the funds to arrive in your account: Within 0-1 working days
• Money Transfer’s currency: EUR

MoneyGram

MoneyGram is a fast, secure and reliable service enabling sending and withdrawing money around the world within just a few minutes. MoneyGram service is provided in more than 300,000 agencies worldwide and in more than 200 states in worldwide.

You can receive money from MoneyGram and withdrawal them in any branch of Raiffeisen Bank.

The necessary documents and information needed to withdraw money from MoneyGram payments:

1. Reference Number
2. Sender’s Name
3. Amount sent
4. Beneficiary’s identification document
5. Birthdate, Birthplace and profession of the beneficiary (if needed)

Why you should choose Raiffeisen Bank

• We are the bank with biggest number and territory spread of branches in Albania
• We offer competitive service fee
• We offer different method to transfer your money
• We offer professional and fast service
• We offer safety and transparency

Details on service fee, please read Terms & Conditions published at branches or web page.