In the light of changes related to the implementation of the Payment Services Directive (PSD) in the Polish legal system, HSBC Bank Polska S.A. being a part of the international group has updated processes and operating systems in accordance with the directive requirements.
As a result, transfers executed between European Union (EU) countries and within the European Economic Area (EEA) and in currencies of those countries are executed with the "SHA" charges option, i.e. the remitter is charged with only costs imposed by HSBC Bank Polska S.A. (which will be debited to the account). The existing "OUR" charges option (all costs paid by the remitter) or "BEN" option (all costs are borne by the beneficiary) will cease to be effective.
In addition, HSBC and intermediary banks will not be allowed to deduct charges payable to them from the transaction amount. Consequently, the payee's service provider will receive the entire transfer amount. The above changes shall enter into force from 1 November 2009.
Should you have any questions or doubts, do not hesitate to contact us at:
|CZ||Czech Republic||CZK||Czech crown|
|UK||United Kingdom||GPB||pound sterling|