API Information

Payments API Description

The Accounts API is available in the production environment only for licensed Third party providers (TPPs) under PSD2 Directive.

The Payments API allows third party applications to perform money transfers from a bank client's account on his behalf, including the following operations:

• single SEPA Credit Transfer
• single Foreign Payment

Clients

The Third-party application can be used by clients of Tatra banka with a current account opened at Tatra banka, to which they have access via Internet banking^TB and they use authorisation device Card and Reader^TB. It can be also used by clients of Raiffeisen bank with a current account opened at Raiffeisen bank, to which they have access via Internet banking^RB and they use authorisation device SMS code.

Type of payments

Type of payments offered by the Third-party application:

• E-commerce payments
• Non E-commerce payments

E-commerce payments

E-commerce payments are irrevocable, synchronic processed, not forward and with an unfilled payment date (Date of processing is immediately).

Following conditions will apply for e-commerce payments:

SEPA payments

• Payment currency only EUR
• SEPA payments within the Slovak republic
• Conversion is not allowed on debtor or creditor side
• Debtor account is current account only
• Debtor and Creditor account format IBAN only, condition of "SK" country code in IBAN must be fulfilled
• Date of processing must be current date

If an e-commerce payment fails to meet these conditions, it will be rejected.

The payment sent to the bank during the technical break will be rejected.

Non e-commerce payments

Non e-commerce payments are non-synchronous, current date payments or forward payments.

Following conditions will apply for Non e-commerce payments:

SEPA payments

• Payment currency only EUR
• SEPA payments within the SEPA area
• Conversion is allowed on debtor or creditor side
• Debtor account is current account only
• Date of processing can be forward
• Debtor and Creditor account format IBAN only

Foreign payments

• Payment currencyEUR or foreign currencies
• Conversion is allowed on debtor or creditor side
• Debtor account is current account only
• Date of processing can be forward
• Debtor account format IBAN only
• Priority of the payment can be normal or urgent

For Urgent payment use XML format, GNFP standard and priority Urgent.

If a Non e-commerce payment fails to meet these conditions, it will be rejected.

If banking date change over time between the client's confirmation and the commit of the payment from the third party provider, then the payment will be executed with next business date.

Payments

Following types of payments are available via the Third-party application (last two rows not applicable for Raiffeisen bank):

Cut-off time

Remember to check periods for payment order submitting in order to have payments processed at the time you request.

Cut-off time periods for payments initiated via the The Third-party applications are available on our Tatra banka web site as well as Raiffeisen bank web site.

Payment Limits

Tatra banka

Initiated payment processing is limited by daily and monthly limits. Payment limits are cummulative per account and depend on authorization device by which your user authorizes a payment. Payment limits are same as through Internet banking^TB .

Raiffeisen bank

Payments realised via the Third-party application will be included in the existing daily and monthly limits applicable to the Internet banking^RB. Payment limits are cumulative per client account.

Charges

Tatra banka

Payments realised via the Third-party application are charged to clients of Tatra banka same as the payments initiated via Electronic distribution channels of Tatra banka. For actual service charges please check our web site.

Raiffeisen bank

Payments realised via the Third-party application are included in the monthly account charges. For actual account’s charges please check our web site.

Exchange rates

The following exchange rates shall apply for payments with conversion, in case of a payment order with the conversion of up to EUR 30,000 (or a foreign currency equivalent):

• exchange rate according to the table of exchange rates (foreign currency buy, foreign currency sell or cross exchange rate, i.e. proportion of particular exchange rates)
• individual exchange rate - a possibility to arrange with the Treasury Division on basis of an agreement on spot transactions or by use of i:deal service

The following exchange rate shall apply in case of a payment order with the conversion over EUR 30,000 (or a foreign currency equivalent):

• exchange rate of the following working day (foreign currency buy, foreign currency sell or cross exchange rate, i.e. proportion of particular exchange rates)
• individual exchange rate - a possibility to arrange with the Treasury Division on basis of an agreement on spot transactions or by use of i:deal service

Note: Exchange rates section is not applicable for Raiffeisen bank.

Technical break

E-commerce payments can be made non-stop, but during the daily closure (technical break) lasting approx. 30 minutes, 1.5 hours on Saturdays, which is usually on business days from 9:45 p.m. to 10:45 p.m. and on Saturdays from 9:45 p.m. to 11:45 p.m., e-commerce payments are rejected.

Non e-commerce payments can be made non-stop, but during the daily closure (technical break) lasting approx. 30 minutes, 1.5 hours on Saturdays, which is usually on business days from 9:45 p.m. to 10:45 p.m. and on Saturdays from 9:45 p.m. to 11:45 p.m., payment orders are carried out with the processing date of the next banking day.

Payment orders submitted with processing date later than the date of entry (with a processing date later than the current date in the system), will be processed by the bank in the early hours of the required date.

The system works with the date of the next banking day on Sundays and during holidays, therefore the payments are made even in these days with the due date specified by the client /Monday – Saturday except holidays/.

Non-authorised transaction rectification

According to article 73 point 2 and 3, if the payment initiation service provider is liable for the unauthorised payment transaction, it shall immediately compensate the account servicing payment service provider at its request for the losses incurred or sums paid as a result of the refund to the payer, including the amount of the unauthorised payment transaction. In accordance with Article 72(1), the burden shall be on the payment initiation service provider to prove that, within its sphere of competence, the payment transaction was authenticated, accurately recorded and not affected by a technical breakdown or other deficiency linked to the payment service of which it is in charge. Payment initiation service provider will be contacted via contact provided by registration. Payment initiation service provides shall provide cooperation and compensation immediately.