This is to inform that from 1st of January 2016, when Lithuania joins the Single Euro Payments Area (SEPA), all transfers in euros will be made following the technical and business requirements for money transfers in euros established by Regulation (EO) No. 260/2012 of the European Parliament and of the Council, therefore from 31st of December 2015 debit orders or instructions to perform settlements for agricultural production against debit consents will not be longer accepted, the debit consents will become null and void. To make further inter-settlements with the beneficiaries you can use regular credit transfers. Should you have any questions, please call at +370 5 239 3444 or contact your relationship manager.
For information about the implementation of other SEPA-related changes at DNB bank please refer to the Bank’s website and click on the continually updated link dnb.lt/sepa.