Get an overview of deadlines, approvals, and delivery times for payments via November First.
When you create a payment in November First, the delivery time depends on several factors, including:
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When the payment is approved
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Whether your company has an active OS agreement (Overførselsservice)
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The type of payment (A2A, FIK, or international)
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Any bank holidays in Denmark or abroad
Here’s an overview of key terms and deadlines.
🗓 Key Dates
| Date | Description |
|---|---|
| Creation Date | The date the payment was created and registered in our system |
| Payment Date | The date the payment is executed and funds are withdrawn from your account |
| Approval Date | The date the final approver approves the payment in the approval flow |
Note: If a payment is approved after the selected payment date, the payment date will automatically be updated to match the approval date.
🔄 Cut-off Times by Payment Type
Below you’ll find when payments must be approved to be processed on time, depending on the payment method and whether OS is active:
| Payment Type | With OS (before 11:00) | With OS (after 11:00) | Without OS |
|---|---|---|---|
| A2A (DKK) | Same day | Next banking day | Not available |
| FIK (DKK) | Next banking day | Next banking day | Not available |
| International (FX) | Next banking day | Next banking day | Two banking days |
🔁 Clearing
Clearing means that a payment has been accepted by the payment system and is being processed between accounts. It does not mean the funds are yet visible in the recipient’s account.
Below are typical timelines for when funds become available to the recipient:
| Payment Type | Available to Recipient |
|---|---|
| A2A (DKK) | 1 banking day after the payment date |
| FIK (DKK) | 2 banking days after the payment date |
| EUR SEPA | 2 banking days after the payment date |
| Other International | 2+ banking days after the payment date |
📌 Things to Keep in Mind
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Always approve payments before 11:00 for fastest processing
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International payments also depend on FX trading and bank holidays
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If you don’t have an active OS agreement, you must transfer the funds manually – which increases processing time