Domestic payments

Domestic payments are euro transfers within Nordea or to another bank operating in Estonia. Making domestic payments in Nordea is fast, simple and cheap. Convenient payment solutions help you in running your business.
Intra-bank payments are transfers between accounts in Nordea Estonia.
  • Payments made through our branch offices are transferred to the beneficiary’s account the moment the payment order is made.
  • Intra-bank payments made via our Telephone Bank will be transferred to the beneficiary’s account the moment the payment order is received, provided that the payment is made between 8:00 and 20:00.
  • Intra-bank payments made through Nordea Netbank will be transferred to the beneficiary’s account within 30 minutes, provided that the payment is made between 8:00 and 20:00.
  • Payments made after this cut-off time are transferred to the beneficiary’s account on the next banking day.

Euro payments (called standard payments until 31 January 2014) are transfers to the beneficiary’s account in another bank operating in Estonia.

  • All euro payments to another bank are transferred to the beneficiary’s account on the same banking day, provided that the payment order (electronic or hard copy) is submitted to the bank before 15:30.
  • Payment orders submitted after the cut-off time are transferred to the beneficiary on the next banking day.

Urgent payments are transfers to the beneficiary’s account in another bank operating in Estonia that are made quicker than usual.

  • Urgent payments are forwarded to another bank through a real-time gross settlement system.
  • Urgent payments can be made in the branch office and through Nordea Netbank and the Telephone Bank on each banking day until 17:00.
  • Urgent payments have a higher commission fee

Payment orders with a future value date allow you to submit your payment orders to the bank before the scheduled payment date.

  • Payment orders with a future value date can be submitted through Nordea Netbank.
  • The payment order must indicate the date on which you wish the bank to make the payment.
  • Orders can be made for payments due in up to 30 days.

On February 1, 2014, provision of direct debit service will be terminated in Estonia in its current form. In the future, automatic payment of invoices is possible on the basis of an e-invoice, and it is possible to add an e-invoice standing payment order i.e. automatic payment of invoices by the bank.

Not much will change for the customer – when companies transition to the new service, then valid direct debit payments will become e-invoice standing orders. Those paying for a service (both private and corporate customers) do not need to do anything in particular.

If you want, you may continue paying for invoices one at a time at your convenience.

Looking at e-invoices is most convenient in the online bank, but you can use the service without an online bank agreement by concluding an e-invoice standing order agreement in the mobile bank or at a bank office. In such a case, the company will send an e-invoice to the bank, which will be paid by standing order and information about the invoice will be forwarded to you in the agreed manner either by e-mail or mail.

You can conclude the e-invoice standing order agreement in the online bank, mobile bank or bank office.


You can subscribe to e-invoices in Nordea online bank or www.arved.ee
Upon request, e-invoices can be ordered by the person who wants to pay an invoice for somebody else.See the list of companies that have joined the e-invoice environment at arved.ee.
  • The e-invoice is an electronic invoice equal to an invoice on hard copy, which you can subscribe to if the service provider sends e-invoices to their customers.
  • The payment order is pre-filled in for you with e-invoice data and you can perform a single payment on the basis of this or the bank will perform the e-invoice standing order for you automatically.
  • To ensure automatic payments similar to earlier direct debit, you must conclude en e-invoice standing order agreement. You can conclude the agreement either in the online bank, mobile bank or bank office.

E-invoice standing order service attributes
  • A payment order to be paid on the basis of an e-invoice standing order can be cancelled before the day of payment.
  • It is possible to set a maximum limit to the sum to be paid. The bank will perform the transfer on the day of payment if the e-invoice sum does not exceed the set limit.

NB! Be careful when setting limits; if the limit is too small, it may create a situation where the payment is not performed and you will be indebted for the service. Changing limits is simple and convenient in the online bank, but can also be done over mobile bank and in the bank office.

A standing order is a payment order for regular payments either for a fixed amount or within the limit of the entire account balance, within Nordea Estonia or to another bank operating in Estonia. By signing a standing order agreement, you can stop worrying about remembering to pay your monthly loan and lease payments.

  • With a standing order you can fix the amount to be transferred from your current account and establish the frequency and date of payments.
  • On the payment date fixed in the agreement, the bank transfers the agreed amount from your account to the beneficiary’s account. You need only make sure that there are sufficient funds on your current account to make the payment.
  • Standing order agreements can be signed via Nordea Netbank or the Telephone Bank and in branch offices.
  • To change a standing order in our Netbank, you need to terminate the current standing payment order and sign a new one, making the necessary amendments in the agreement.
PAYMENTS
INCOMING PAYMENTS 1
Incoming internal payment Free
Incoming payment from other Nordea Unit Free
Incoming Euro payment (domestic and from EU/EEA**) Free
Incoming payment in EUR (except EU/EEA** member states) and in foreign currency from other foreign banks   5.75 €
OUTGOING PAYMENTS In the branch office / Telephone bank In Nordea Netbank
Internal payments
Payment to another account within Nordea Bank AB Estonia branch (in any currency) 2 € Free
Domestic euro payments and euro payments within EU/European Economic Area member states
Domestic euro payment to Estonia and EU/EEA** member states 3 € 0.38 €
Urgent domestic euro payment to another bank in Estonia 20 € 10 €
Salary payment
Salary payment to another account within Nordea Bank AB Estonia branch Free Free
Salary payment in euros to another bank (within EU/EEA** member states) - 0.19 €
Standing order payment
Standing order payment to another account within Nordea Bank AB Estonia branch (in any currency) Free Free
Standing order payment in euros to Estonia and EU/EEA** member states 0.38 € 0.38 €
E-invoice
Signing, amending and terminating e-invoice standing order agreement Free Free
E-Invoice standing order – internal Free Free
E-Invoice standing order – to another bank Free Free
E-invoice one-time payment  - internal - Free
E-invoice one-time payment - to another bank - 0.38 €
Other payment related services
SWIFT or XML copy of payment 10 €
Payment order confirmation 10 €
Cancellation, investigation and amendment of domestic euro payment to Estonia and EU/EEA** member states6 10 €
International payment cancellation, investigation and amendment within 6 months6 30 €
International payment cancellation, investigation and amendment more than 6 months6 65 €

1 If an incoming payment is not in the currency of the account indicated on the payment order, the bank will convert the amount paid into the currency of the account at the exchange rate prevailing on the date of receipt of the payment. 
6 The bank will not return the service charges paid by the remitter, if the payment could not be cancelled/amended.

** The EEA (European Economic Area) countries are: Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Switzerland, and the United Kingdom.