EGNTGRA1

Payment Instructions

General instructions for international payments to banks in GREECE: Remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address). For additional information, please refer to www.bankofgreece.gr. SEPA standards apply for euro payments to beneficiaries with accounts in Greece.

Payment Formatting Rules for EUR:

• Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Use of initials can delay receipt of funds by the beneficiary.
• Beneficiary Customer (SWIFT MT103 F59): Include account number (IBAN), full name (no initials), and address of the beneficiary customer. Use of initials may delay receipt of funds by the beneficiary. IBAN numbers for beneficiaries with accounts in Greece must be included in the payment instructions.
• Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxGRxx or xxxxGRxxxxx.

IBAN: In Greece, the IBAN consists of 27 characters. The structure is GR2!n3!n4!n16!c. Example of electronic format: GR9876512345678912345678912. Example of print format: GR98 7651 2345 6789 1234 5678 912.

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of EGNATIA SECURITIES S.A. for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from EGNATIA SECURITIES S.A., you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.