- Cut-off times for ROI customers.
Domestic and SEPA Payments
Payment Payment Cycle Cut-off time Domestic Account Transfers Same Day 5.00pm SEPA Payments* (to BOI Branch Accounts) Same Day 5.00pm SEPA Payments* (to BOI IBIS Accounts) Same Day 4.00pm SEPA Payments* (to Irish Accounts) Next Day 5.00pm SEPA Payments* (to EU zone) Next Day 5.00pm Bulk Payments (including Import) Next Day 3.30pm International Account Transfer** Same Day 4.00pm SDMT (Urgent Euro BOI ROI to BOI ROI) Same Day 5.00pm SDMT (Urgent Euro BOI ROI to other domestic ROI Banks) Same Day 2.30pm International Excluding SEPA
International Payments (Same Day)
Payment Payment Cycle Cut-off time GBP Same Day 4.00pm USD Same Day 3.00pm EUR Same Day 2.30pm CAD Same Day 1.00pm International Payments (Non-Urgent)
Payment Payment Cycle Cut-off time GBP Two Days 5.00pm USD Two Days 4.00pm AUD, CNY, CZK, HKD, HUF, JPY, NZD, SGD, ZAR Next Day 1.00pm DKK, NOK, PLN, SEK, CHF, TRY Next Day 5.00pm All euro payments outside the EU/EEA and all other non-euro payments Two Days+*** 4.00pm *The SEPA (Single Euro Payments Area) consists of the 28 EU member states, Iceland, Norway, Liechtenstein, Switzerland and Monaco.**An international account transfer is a payment between accounts registered on a single Business On Line profile where either the debit and/or credit account is a foreign currency account held in Bank of Ireland Global Markets within the ROI Jurisdiction.*** Exception is MAD, THB, INR, PHP and SAR – all three day payment cycles - Cut-off times for UK customers
Domestic Payments
Payment Payment Cycle Cut-off time Domestic Account Transfers Same Day 5.00pm Domestic Third Party Payment to Bank of Ireland UK Accounts (GBP) Same Day 5.00pm Domestic 3rd Party Payments to other UK banks (GBP) Next Day 5.00pm BACS (Including Import) +Two Days 5.00pm CHAPS (Urgent Sterling BOI UK to BOI UK) Same Day 5.00pm CHAPS (Urgent Sterling BOI UK to other domestic UK Banks) Same Day 4.00pm Cross Border Account Transfer* Same Day 4.00pm SEPA Payment Next Day 4.30pm International (Same day)
Payment Payment Cycle Cut-off time GBP Same Day 4.00pm EUR Same Day 2.00pm USD Same Day 2.00pm International (Non Urgent)
Payment Payment Cycle Cut-off time GBP Next Day 4.30pm EUR Next Day 4.30pm All other currencies +Two Days** 4.30pm *A cross border account transfer is a payment between accounts registered on a single Business On Line profile where either the debit and/or the credit account is a foreign currency account held in Bank of Ireland UK Global Markets within the GB or NI jurisdiction.** Exception is MAD, THB, INR, PHP and SAR – all three day payment cycles
- Bank Holidays 2018
Below is a list of Bank holidays in ROI/NI and GB. These are non-processing days for payments.
Date ROI NI GB Monday 27th August 2018 NO YES YES Monday 29th October 2018 YES NO NO Tuesday 25th December 2018* YES YES YES Wednesday 26th December 2018* YES YES YES Thursday 27th December 2018 YES YES NO Tuesday 1st January 2019* YES YES YES * Target closing days. These days will not be settlement days for the Euro money market or for foreign exchange transactions involving the Euro, therefore payments in Euro will not be credited/debited to accounts until the following working day