For every foreign inflow you make, the bank will ask you to assign funds, so that the money goes to the account. In this form you enter:
- The paid amount – it will most likely already be indicated. In cases where the bank takes a commission, the amount that can be assigned will be indicated
- Controller number – number of the issued invoice on the basis of which the funds were paid
- Controller year – current year
- Code of the basis of billing – depending on the service provided (specified on the invoice), it is necessary to specify the code that corresponds to this service, which you will find in the Codebook. Example: for computer programming you will use code 302, for consulting services you will use 305, etc.
Along with the completed form, send the bank the invoice on the basis of which the payment was received.
How to assign funds (LORO)?
For every foreign inflow you make, the bank will ask you to assign funds, so that the money goes to the account. In this form you enter:
- The paid amount – it will most likely already be indicated. In cases where the bank takes a commission, the amount that can be assigned will be indicated
- Controller number – number of the issued invoice on the basis of which the funds were paid
- Controller year – current year
- Code of the basis of billing – depending on the service provided (specified on the invoice), it is necessary to specify the code that corresponds to this service, which you will find in the Codebook. Example: for computer programming you will use code 302, for consulting services you will use 305, etc.
Along with the completed form, send the bank the invoice on the basis of which the payment was received.