Corporate payment services schedules for Christmas and New Year

Christmas and the end of the year will affect the processing times of payments and telephone service opening hours. Data will not be processed and telephone service will be closed on the following public holidays: 24–25 December 2020, 1 January 2021 and 6 January 2021. There are exceptional opening hours on New Year’s Eve, 31 December 2020. You can send and receive data in OP online service and the data transfer channel as normal during the holidays, too.

Data processing times

We process data on business days. The last business day before Christmas is 23 December 2020 and the next business day after Christmas is Monday, 28 December 2020.New Year’s Eve, 31 December 2020, is a business day but there are exceptional times for data processing. Christmas Eve, Christmas Day, New Year’s Day and Epiphany are public holidays.

Payment data that needs to be processed in 2020 must be at the bank on Thursday, 31 December 2020, at the latest:

SEPA credit transfers and SEPA recurring payments (C2B) by 18.00
Outgoing international payments (C2B) by 12.00
Real-time express transfers by 13.30
Express transfers in file format (CB2) by 12.30

Please note that for C2B salaries (SALA coded recurring payments/benefits), the due date must fall on a business day.

You can send and receive data in OP online service and the data transfer channel as normal during the holidays, too.

You can check exceptional times and data-specific last entry times at op.fi. You can also download a notice on the Christmas and year-end schedules via the Web Services channel.

Payments transmission to other financial institutions

Payments made in OP online service, OP Business mobile, OP Corporate Hub and Cash Management service are transmitted to other financial institutions as follows:

SEPA credit transfers to other financial institutions

  • Payments made before 14.00 on Wednesday, 23 December 2020, will reach payees the same day and payments made before 21.00 will reach payees on Monday, 28 December 2020.
  • Payments made before 14.00 on Thursday, 31 December 2020, will reach payees the same day and payments made before 21.00 will reach payees on Monday, 4 January 2021.

Please note that euro-denominated credit transfers are transmitted in the same way to Finland and the rest of SEPA. At present, some of these SEPA credit transfers are changed over to SEPA instant credit transfers which are credited to the payee’s account in real time between the banks participating in the service on public holidays, too. 

International payments

  • International payments received before 16.50 on Wednesday, 23 December 2020, will be processed the same day.
  • International payments received before 12.00 on New Year’s Eve, 31 December 2020, will be processed the same day. 

No payments are transmitted to other financial institutions on Christmas Eve, 24 December, and Christmas Day, 25 December 2020, and on New Year’s Day, 1 January 2021, and Epiphany, 6 January 2021.

Opening hours of Payments Advisory Service

Payments Advisory Service for domestic and international payments is open Mon–Fri 8.00–16.00 at 0100 05151 (local/mobile network rate). On New Year’s Eve, 31 December 2020, the service is open 8.00–13.00. The service is closed at Christmas, 24 –25 December 2020, on New Year’s Day, 1 January.2021, as well as Epiphany, 6 January 2021. 

We wish our customers Happy Holidays and a Happy New Year!

ADDITIONAL INFORMATION Corporate and Payment Services, tel. 0100 05151