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What are my options regarding the execution date of a transfer?

For your fund transfers, you have the following execution options:

  • Immediately
    For transfers between Alpha Bank accounts:
    The amount is transferred to the beneficiary's account immediately.

For transfers to accounts kept with other domestic banks:
The beneficiary’s account with the recipient bank is credited on the same day. This option is available only for transfers to accounts kept with other domestic banks participating in the IRIS online Payments system during working days (08:00 – 16:15) for amounts up to €12,500.

 

  • On a selected date
    Transfers to accounts kept with Alpha Bank are, executed immediately.


For accounts kept with other banks (in Greece and abroad), the earliest possible execution date is the next working day, while for all fund transfers in Euro you also have the option to select any future working day as the date of execution.

For fund transfers in other currencies, orders may be processed only on the next working day.

You can select the next working day as the execution date of the transfer by 22:00 of the previous working day.

Example: If you submit your transfer order on Monday (using the Alpha e-Banking services):

  • Transfers to domestic banks: Tuesday is the earliest possible day on which the order will be sent to the other bank to credit the beneficiary's account.
  • Transfers to banks abroad:
    -for transfers in Euro, the earliest date on which the beneficiary's account will be credited will be Wednesday*
    -for transfers in foreign currency, the earliest date on which the beneficiary's account
    will be credited will be Thursday*.

*at the responsibility of the recipient bank

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