- 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 *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.International (Same day)
Payment Payment Cycle New Cut-Off TIME EFFECTIVE 20/04/21 EXTENSION FROM PREVIOUS CUT OFF TIME GBP Same Day 4.00pm – EUR Same Day 2.00pm – USD Same Day 2.00pm – CAD Same Day 1.00pm 1 day, 20 hours and 30 minutes International (Non Urgent)
Payment Payment Cycle New Cut-Off TIME EFFECTIVE 20/04/21 EXTENSION FROM PREVIOUS CUT OFF TIME GBP Next Day 4.30pm – EUR Next Day 4.30pm – USD Next Day 4.30pm 1 day CHF, DKK, NOK, PLN, SEK & TRY Next Day 3.30pm 23 hours AUD, CZK, HKD, HUF, JPY, NZD, SGD & ZAR + 2 days 5.00pm 30 minutes HRK & AED + 2 days 4.30pm – INR, MAD, PHP,SAR & THB + 3 days 4.30pm – - Bank Holidays 2021-2022
Please Note that when a Bank Holiday occurs it is a Non-Input, Non-Processing and Non-Payment Date.
To ensure that your file is paid on time you must send through your file a day earlier than normal when a Bank Holiday Occurs.
Date ROI NI GB Monday 27th December 2021 YES YES YES Tuesday 28th December 2021 YES YES YES Wednesday 29th December 2021 YES YES NO Monday 3rd January 2022 YES YES YES Thursday 17th March 2022 YES YES NO Friday 18th March 2022 YES NO NO Friday 15th April 2022 YES YES YES Monday 18th April 2022 YES YES YES Monday 2nd May 2022 YES YES YES Thursday 2nd June 2022 NO YES YES Friday 3rd June 2022 NO YES YES Monday 6th June 2022 YES NO NO Tuesday 12th July 2022 NO YES YES Monday 1st August 2022 YES NO NO Monday 29th August 2022 NO YES YES Monday 31st October 2022 YES NO NO Monday 26th December 2022 YES YES YES Tuesday 27th December 2022 YES YES YES Wednesday 28th December 2022 YES YES NO Monday 2nd January 2023 YES YES YES
Business On Line
Business On Line is the perfect choice for business customers with advanced electronic payment needs, requiring more functionality and greater control.