Regular Payment of a Fixed Amount
If you have regular payments of fixed amounts such as, electricity, leasing, internet, rent or television services, the bank can take care of such payments by making regular payments from your account. The regular payment of a fixed amount is a transfer of a fixed amount to an account specified by your with a desired regularity (daily, weekly or monthly).
The regular payment of a fixed amount may be executed as an internal payment (within Citadele) or as a payment to another bank.
How to Activate the Regular Payment
Regular payments can be activate, changed or terminated, free of charge in Citadele Online Banking or at any branch of the bank.
How the Regular Payment is Executed
Payment can be executed on the day after activation of the regular payment. Regular payment is executed within the day specified in the order, as long as there are funds in the account sufficient to make the payment and to pay the bank’s commission fee. If there are not sufficient funds in the account on the day of payment execution, payment attempts will be repeated for 15 calendar days until the moment when the funds necessary to make payment and pay for the bank's commission fee are credited to the account. The bank does not make regular payment in parts if there are not sufficient funds in the account. If the currency of the regular payment differs from the currency of the account from which the payment shall be made, the bank will covert the funds at the exchange rate of the bank that is in effect that day.