On the Giro payment service interruption from January 1st, 2015

Please, be advised that as from 1 January 2015 the bank DNB is suspending its “Giro payment” service that offered an opportunity to pay certain corporate invoices by replacing the company’s name, account number and the bank’s code with the giro number assigned to the service provider.  

The above changes are brought on by the Regulation No. 260/2012 of the European Parliament and of the Council stipulating that identification of the recipient account further on must be based on the recipient’s account number in IBAN formats only.

This is to inform you that after 1 January 2015 as an alternative solution to giro payments are offered:

• Sample payment orders placed in DNB Internet-bank under “The Bank’s samples”. By using the Bank’s sample forms there is an opportunity to pay the invoices drawn by the building maintenance, telecommunications, financial and other service providers (e.g. SIA TELE 2, SIA DNB līzings, AS VIASAT, AS Latvenergo, SIA BITE Latvija).  When using the sample form all you have to do is select the respective service provider and enter some data (e.g. the invoice number, due amount and payment purpose), while the remaining information (recipient’s account, recipient bank, etc.) in the payment order will be filled in automatically.
• Standard SEPA payments by specifying in the payment order all data required for its execution.