International transfers enable you the execution of international payments to your partners, who do not have bank accounts in Kosovo.

Banka Ekonomike as a member of the SWIFT network with the code of the Republic of Kosovo, offers you fast services at competitive prices for incoming and outgoing international transfers.

Banka Ekonomike’s SWIFT code is EKOMXKPRXXX

For each international payment that you make or receive, IBAN corresponding to your basic account will be used, but adding the code of the Republic of Kosovo XK05, which is standard for all banks in Kosovo.

a)  Transfers abroad

You may carry out international transfers from each branch or sub-branch of the Banka Ekonomike as well as through E-banking.

If you want to carry out transfers abroad, you need to have the following information:

Name and address of the beneficiary

Name and SWIFT code of the beneficiary’s bank

Accurate number of beneficiary’s account or IBAN for countries that have it implemented

Description of payment

b) International transfers from abroad:

Domestic transfers

Banka Ekonomike has access to the relevant offices for reconciliation of interbank accounts of the Banking and Payment Authority.

By this you can carry out domestic transfers, which imply quick and efficient transfers to the beneficiary who has an open account in any bank in Kosovo.

You can also make domestic transfers through your E-banking.

An interbank transfer is a transfer whereby a person or a company to which you want to transfer the money, has also an account with Banka Ekonomike and provides the following advantages:

• Interbank transfer beneficiary will receive the funds transferred within only 5 minutes after you order the execution of interbank money transfer
• Interbank transfers made between Banka Ekonomike accounts will be commission free transfers.

Giro payment is one of the most convenient ways of making payments.

Its principal use is for payments of utility bills and regular periodic payments.

This way of payment is used for utility payments such as: KESCO, PTK, PAK, Customs Service and Insurance Companies.

The bill is standard and its reading is done through special readers of bar codes.

This service enables the transfer of funds in Euro to and from businesses that have accounts with any bank operating within the territory of Kosovo. Payments can be executed in two ways: standard payments and priority payments (processed within 15 minutes from the moment the transfer data is validated).

Domestic transfers can also be made through the e-banking service, available 24 hours a day, 7 days a week.

Through this service, you can perform domestic transfers to beneficiaries with accounts in any of the banks in Kosovo, in a fast and efficient manner.

You can also execute domestic transfers through your e-banking account.

You may process both priority and standard transfers. Priority transfers are completed within 15 minutes on working days, while standard transfers are executed in different sessions throughout business days.

You can also make all bill payments and KOS GIRO transactions, including:

• Tax Administration (ATK)
• Pension Fund (TRUST)
• Regional Water Companies (KRU)
• Police
• Court Fees
• KESCO
• PTK
• Privatization Agency (AKP)
• Customs Services
• Insurance Companies
• Personal Income Tax
• Pension Contributions
• Property Tax