This page includes information about the payment methods and payment schedules used in Procountor.
When the Pay-button is being clicked in Procountor, the invoice’s status is set to Payment queued. The invoice is left to wait for an automatic payment run on the payment date that has been set on the invoice. On the payment date, the payment file is then sent to the bank in the automatic payment run.
Banks execute their payment runs according to their own schedules. In these payment runs, the payments are debited from accounts and transferred to the recipients. When you pay an invoice, which has a payment date that falls on a holiday (or other non-banking day), the payment will be transferred from Procountor to the bank on the payment date. However, the bank will only process the payment on the following banking day.
Available payment methods and the schedules of payments
Procountor has several payment runs in a day. The frequency of the payment runs depends on the chosen payment method (Bank transfer, Express payment, Foreign payment or Salary payment). Available payment methods and their payment schedules are listed below.
Please ensure that the chosen payment method matches with the one that has been agreed with the bank on the Bank connection authorizations.
Bank transfer
- Bank transfer is a transaction in euros which is made in the SEPA-region (consisting mainly of countries in the European Union). Bank transfers use IBAN account numbers as well as BIC codes. This payment method is used when the recipient has an IBAN account number and the currency of the transaction is EUR.
- Bank transfers are forwarded to banks from Procountor at 5:30, 10:00, 12:00, 14:00, 16:15, 17:08. In addition to this, transfers made from accounts of S-Pankki and Ålandsbanken are forwarded at 15:20.
- Payments made after the last payment run (at 17:08) are postponed to the next payment run (at 5:30 on the following day).
- Please also check the bank-specified payment schedules if needed (links for different banks are located at the bottom of this page).
Express payment
- Express payments are forwarded to banks practically right after clicking the Pay-button in Procountor. There might be a lag from 5 to 15 minutes, when the status is shown as Payment queued.
- The payment date of express payments is always the present day. The payment date has to be a banking day; otherwise the payment is postponed to the following day.
- An express payment can’t be cancelled from Procountor after the payment has been made.
- Express payments can’t be used for payments to foreign countries, payments of Tax Return for Self-Assessed Taxes and payments of Employer’s separate reports.
- Express payments are being constantly forwarded to banks from Procountor, but banks might have different kinds of payment schedules of their own for express payments (please check the links at the bottom of this page for additional information).
Foreign payment
- Foreign payment is used when the currency of the payment is not EUR and / or the recipient is outside the SEPA-region (the bank account number is not in the IBAN format).
- Foreign payments are forwarded to banks from Procountor at 8.15 , 9.15, 10.15, 11.15, 12.15, 13.15, 14.15 and 15.15.
- Please check the specific payment schedules of foreign payments with your bank (links to different banks are located at the bottom of this page).
- Additional information about Foreign payment is available here.
Salary payment
- Salary payment is available with salary lists: this payment method can be used to pay all the salaries included in a salary list at once.
- The salaries are forwarded to the recipients’ accounts on the following banking day from the actual payment day. When paying salaries to foreign recipients, the lag may be slightly longer (please check the specific payment schedules with your bank).
- Salary payments are forwarded to banks from Procountor daily at 08-21 within about 30-minute intervals. However, banks have their own payment schedules for Salary payments, so the actual lag has to be verified with the bank in question (please check the links at the bottom of this page).
- Payments can be made to foreign recipients who have an IBAN account number. If the recipient doesn’t have an IBAN account number, and/or the currency of payment is other than EUR, the Salary payment -function can’t be used. The salary must be paid as a Foreign payment in these kinds of situations.
- Additional information about Salary payment can be found here.
Bank-specific schedules
Banks have different kinds of payment schedules when paying for example salaries and express payments. Banks have defined cut off -times which state the last possible moment for the payment information to enter the bank in order to proceed the payment on the same banking day. After the cut off -time expires, the salary payments and express payments sent to the bank are cancelled. In order to get the payments to the bank in time, they should be paid in Procountor (which practically means clicking the Pay-button) ahead of time before the cut off -times defined by banks.
Check the up-to-date bank-specific information from the following pages:
- Danske Bank
- Nordea
- Samlink (POP Pankki, Säästöpankki), Contact information (in Finnish)
- Aktia (in Finnish)
- Handelsbanken (in Finnish)
- OP
- Ålandsbanken begins the last payment run of the day approximately at 16:15. This means that the payments made in the 15:20 payment run from Procountor should be eligible to enter the last daily payment run of Ålandsbanken. If a payment is in the 16:15 or 17:08 payment run sent from Procountor, the payment will be processed on the following day.