What is a FIT payment?

Save time and money

Are you planning to send money to your business partner, pay an invoice, send money to family or pay for a vacation? Or are you expecting money  into your account? In the case of FIT payments, which you send within selected banks of Erste Group, you will enjoy savings in both cases.

You can take advantage of major benefits. Our bank is part of the Erste international banking group. And customers of banks in this group are able to send payments in euro, in any amount, faster and for lower charges, regardless of distance.

The funds are transferred the same day. If you submit a payment order at Česká spořitelna to an account at a foreign bank that supports FIT payments in the morning, the recipient will have the money in their account in the afternoon.

What is the right way to make a FIT payment?

You have three simple options to submit a FIT payment at Česká spořitelna:

• Via internet banking
• Via direct banking
• At a branch in writing using the appropriate form

When completing a payment order, don’t forget to:

• Specify the SWIFT BIC code of the Erste Group bank where the recipient has an account.

Payment orders with normal priority need to be sent by the following deadlines:

• By 3:00 p.m. if submitting the payment order via internet banking
• By 2:00 p.m. if submitting the payment order in paper form

What banks support preferential FIT payments?

Preferential FIT payments can be used for euro transfers to or from a bank in the ERSTE Financial Group with no limits on the amount that can be transferred.