PRAVEX BANK switched to the new SEP 4.0 payment regulations


From October 21, 2023, the Bank switched to the new SEP 4.0 payment regulations.

Currently, incoming payments under SEP 4.0 begin to be processed by the Flex Cube system and credited to clients' accounts at 02:00 AM, after the opening of the operating day in this system.

So, from 00:00 AM to 02:00 AM the Flex Cube system does not process SEP 4.0 payments.

PRAVEX BANK has successfully migrated to the new international standard for the payment messages exchange ISO 20022 and the new generation of the NBU electronic payments system (SEP 4.0), which was introduced by the National Bank of Ukraine on April 1, 2023, as part of the project "Development of Ukraine's Payment Infrastructure" implementation.

More info here:

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