Domestic payments - personal customers

^*) Pursuant to The Norwegian Financial Contracts Act (Finansavtaleloven) banks are obliged to notify its customers of payment orders that cannot be executed because of insufficient funds in the account.

^*) Also applies to payment at the branch counter.

^*)Pursuant to The Norwegian Financial Contracts Act (Finansavtaleloven) banks are obliged to notify its customers of payment orders that cannot be executed because of insufficient funds in the account.

Postage per sent Brevgiro will be added.

^*) Pursuant to The Norwegian Financial Contracts Act (Finansavtaleloven) banks are obliged to notify its customers of payment orders that cannot be executed because of insufficient funds in the account.

^*) Pursuant to The Norwegian Financial Contracts Act (Finansavtaleloven) banks are obliged to notify its customers of payment orders that cannot be executed because of insufficient funds in the account.

^*) Depending on currency

• Payment order
  Instruction to withdraw or transfer funds.
• Transfer time
  The time from the payment order date until the funds are made available to the beneficiary's bank.
• Cut-off time
  The time by which Nordea must have received a payment instruction in order for the payment to be executed on the same day.
• Compensated value date
  The calculation of interest on an amount on an account starts on the same date as the calculation of interest stops on another account.
• Manual payment order
  Instruction for an international payment for which Nordea's standard order form cannot be used.
• Payment order date
  The execution date/calendar date on which Nordea accepts the payment order. The payment order date follows the payment until it reaches the beneficiary.
• Settlement day
  The date of the interbank settlement in Norges Bank. In case of transfers of funds between accounts in Nordea, the settlement day is the day on which the accounts are credited and debited.
• Value date
  The date on which the calculation of interest on an amount starts or ends.
• Business day
  All weekdays from and including Monday to and including Friday with the exception of public holidays.

• Deposits
  Interest on deposits is calculated from and including the calendar day after the deposit is made. Interest on other amounts credited to the account is calculated from and including the settlement day.
• Cheques
  For cheques drawn on accounts in Nordea, the value date is the same as the calendar date. For cheques drawn on accounts in other Norwegian banks, the value date is the same as the settlement date.
• Withdrawals
  Interest on the amount is calculated up to and including the calendar day before the withdrawal is made. For cash withdrawals on Saturdays, Sundays and public holidays interest on the amount is calculated up to and including the calendar date preceding the last business day before the withdrawal is made.