Business On Line

Business On Line is the perfect choice for business customers with advanced electronic payment needs, requiring more functionality and greater control.

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Payment cut-off times

  • 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
    Business On Line Bulk Payments (Including Import) Next Day 3.30pm
    BOL Payments Plus Bulk Payments (Credit Files) Next Day 6.00pm
    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
    Please Note that Bank of Ireland can only be held responsible for ensuring that the payment is paid to the Beneficiary Bank within the agreed timeframes and cannot be held responsible for the actual value date applied to the beneficiary account by the Beneficiary Bank.

    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 2024-2025

    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
    Wednesday 25th December 2024 YES YES YES
    Thursday 26th December 2024 YES YES YES
    Friday 27th December 2024 YES YES NO
    Wednesday 1st January 2025 YES YES YES
    Monday 3rd February 2025 YES NO NO
    Monday 17th March 2025 YES YES NO
    Friday 18th April 2025 YES YES YES
    Monday 21st April 2025 YES YES YES
    Monday 5th May 2025 YES YES YES
    Monday 26th May 2025 NO YES YES
    Monday 2nd June 2025 YES NO NO
    Monday 14th July 2025 NO YES NO
    Monday 4th August 2025 YES NO NO
    Monday 25th August 2025 NO YES YES
    Monday 27th October 2025 YES NO NO
    Thursday 25th December 2025 YES YES YES
    Friday 26th December 2025 YES YES YES
    Monday 29th December 2025 YES YES NO
    Thursday 1st January 2026 YES YES YES
  • 1st May 2025 - ROI Impacts to Payment Processing

    Thursday May 1st 2025 is a Bank Holiday in many EU countries, but not in Ireland. This means that the official European Euro settlement mechanisms are closed on this day.

    As a result there are some changes to the timelines associated with processing the below payment types on Thursday 1st May:

    Same Day Domestic Interbank payments i.e. SDMT
    SEPA payments
    Same Day Euro to EU/EEA countries
    Please note: Normal charges will apply for same day Euro payments to EU/EEA countries where the actual credit date does not occur on the same day due to the European Euro settlement mechanisms being closed

    Please find impacted payments below:

    Payment Type Originator/Beneficiary Value Date Actual Credit Date
    SEPA single shot BOI to BOI 30 April 30 April
    SEPA single shot BOI to non-BOI 30 April 1 May*
    SEPA single shot BOI to BOI 1 May 1 May
    SEPA single shot BOI to non-BOI 1 May 2 May
    Bulked credit files BOI and non-BOI 30 April 2 May
    Bulked credit files BOI and non-BOI 1 May 2 May
    SDMT (same day) BOI to non-BOI 1 May 2 May
    Same Day Euro to EU/EEA countries BOI to non-BOI 1 May 2 May

    *Majority of Irish Banks will credit on the 1st of May , However some banks may apply credit on the 2nd May.

    Be mindful of fraud. Bank of Ireland will never send you a text message or email containing a link to a login page or a website asking you to share your banking or other personal details. If someone asks you for a one-time code from a text or from your Approve app, they are almost certainly a fraudster. Please never share those codes with anyone, even if they say they are from Bank of Ireland (they won’t be). For more information on how you can protect your business from fraud, visit the Bank of Ireland Security Zone.

    Help Protect your business from scam calls, payment redirection scams, CEO fraud and more. And remember, if someone asks you for a one-time code from your Approve app, they are very likely to be a fraudster

    Frequently Asked Questions

    Q1. I am expecting to receive a SEPA Credit Transfer payment into my account on the 1st of May. When can I expect it to arrive in my account?

    A1. Payments sent from other Bank of Ireland accounts on 1st May will be credited to your account that day. Payments sent from non-Bank of Ireland accounts on 1st May will be credited to your account on 2nd of May

    Q2. How will the 1st of May impact SEPA Direct Debit processing?

    A2. As the 1st of May is a non SEPA DD processing date you cannot process debits on that date, therefore no PAIN002 reports will be available on 2nd of May.

  • 1st May 2025 - UK Impacts to Payment Processing

    Thursday May 1st 2025 is a Bank Holiday in many EU countries, but not in Northern Ireland & Great Britain. This means that the official European Euro settlement mechanisms are closed on this day.

    As a result there are some changes to the timelines associated with processing the below payment types on Thursday 1st May:

    • SEPA UK payments
    • Same Day Euro to EU/EEA countries

    Only Euro payments are impacted. There is no impact to domestic payments made in Sterling in NI/GB.
    Please note: Normal charges will apply for same day domestic and same day euro payments to EU/EEA countries where the Actual Credit Date does not occur on the same day due to the European Euro settlement mechanisms being closed

    Please find Impacted Payments below

    Payment Type Originator/Beneficiary Value Date Actual Credit Date
    Same Day Euro to EU/EEA countries BOI to non-BOI 1 May 2 May
    SEPA UK SEPA Payee 30 April 2 May*
    SEPA UK SEPA Payee 1 May 2 May

    *Majority of UK Banks will credit on the 2nd of May, However some banks may apply credit on the 1st of May

    Be mindful of fraud. Bank of Ireland will never send you a text message or email containing a link to a login page or a website asking you to share your banking or other personal details. If someone asks you for a one-time code from a text or from your Approve app, they are almost certainly a fraudster. Please never share those codes with anyone, even if they say they are from Bank of Ireland (they won’t be). For more information on how you can protect your business from fraud, visit the Bank of Ireland Security Zone.

    Help Protect your business from scam calls, payment redirection scams, CEO fraud and more. And remember, if someone asks you for a one-time code from your Approve app, they are very likely to be a fraudster

    Frequently Asked Questions

    Q1. I am expecting to receive a SEPA Credit Transfer payment into my account on the 1st of May. When can I expect it to arrive in my account?

    A1. Payments sent from other Bank of Ireland accounts on 1st May will be credited to your account that day. Payments sent from non-Bank of Ireland accounts on 1st May will be credited to your account on 2nd of May.

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