Nordea Intercompany payment
Nordea Intercompany Payment is a quicker-than-usual payment, in cases where the payer and the beneficiary are incorporated under the same company or the same group.
The Nordea Intercompany Payment enables companies to move funds between different accounts opened in Nordea Bank branches worldwide on the same banking day.
Nordea Intercompany Payment represents a type of payment that has the same value date and is transferred in full to the beneficiary’s account on the same banking day, provided that the payment order is submitted before the cut-off time established by the bank for effecting payments.
Both the payer and the beneficiary must have previously opened a current account in Nordea Bank.