Poland
Profile
ING Bank Slaski S.A., established in 1989, is for 75% owned by ING Bank N.V. (25% is free floated). The bank, one of the most significant market players in Poland, offers a variety of products and services in the field of both corporate, and retail banking.
Customers have access to a widespread network of branches, covering the whole area of Poland (330 retail branches, 11 corporate banking centers, 28 corporate branches).
ING Bank Slaski S.A. employs ca. 7,500 people who are recognized at the market.
Apart from banking, ING Group in Poland renders a wide range of services via: ING Lease, ING Car Lease, ING Nationale-Nederlanden, ING Investment Management, ING Securities, ING Commercial Finance (factoring), Slaski Bank Hipoteczny (Silesian Mortgage Bank), and ING Real Estate.
ING Bank Slaski S.A. provides the following financial services: account opening, reporting, documentary trade, treasury-, payments & cash management- and corporate finance products.
General information
| Currency | Zloty, PLN |
| Time zone | Greenwich Mean Time + 1 hour, Eastern Standard Time + 6 hours |
| Language | Polish. English is more and more widely spoken. |
Means of payment
The most widely used means of payment between companies are bank transfers (paper & electronic) and cash payments. Cheques and bills of exchange are less common. Resident companies may issue invoices in foreign currencies, but only if they are in the possession of an appropriate foreign exchange permit from the National Bank of Poland (certain exemptions exist).
Payments and Cash Management Services
| ACCOUNT OPENING | |
|---|---|
| Non-resident account (various currencies) | • |
| Resident account (various currencies) | • |
| ACCOUNT OPENING | |
| Cash facilities | • |
| Cheque Book | • |
| Cheque Processing Services | |
| Credit Card facilities / Payment cards | • |
| Cross-border transfers | • |
| Domestic transfers | • |
| Direct Debits | • |
| Electronic Banking | • |
| Local Cash Pooling | • |
| Repatriation of funds | • |
| Standing orders | • |
| REPORTING | |
| Electronic end of day reporting | • |
| Electronic intra day reporting | • |
| Paper account statements | • |