NORVIK BANKA offers the Regular payment service for those clients who transfer the same amounts of money at fixed intervals. The Regular payment is an automatic transfer of funds from a client’s account to another account within NORVIK BANKA or another bank effected on a specified day.
How does it work?
You open an account with NORVIK BANKA and conclude a Regular payment agreement. On the maturity date, NORVIK BANKA automatically transfers the required amount from your account to the recipient account specified in the Regular payment agreement. The payment parameters are specified in the Regular payment agreement. Transfer of funds may be carried out both in lats and in other currency, where the payment currency must correspond to the account currency.
The amount of commission for the service and the monthly limits for Regular payments are specified in the NORVIK BANKA service rates.
Regular payment features
Using the Regular payment, you have an opportunity to:
save time by automating recurring transfers
choose the frequency of the payment execution – once a week, month, quarter or year
set the required minimum account balance after execution of the Regular payment
You will be able to obtain information on paid bills in the Internetbanking system e-NORVIK or in your account statement from NORVIK BANKA.
