Business On Line

The new way to access Business On Line

Winner of ‘Best Information Security Initiatives (Corporate/Institutional)’ in Western Europe,
Global Finance Best Digital Bank Awards 2017.

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
    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 2020

    Below is a list of Bank holidays in ROI/NI and GB. These are non-processing days for payments.

    Date ROI NI GB
    Wednesday 1st January 2020 YES YES YES
    Tuesday 17th March 2020 YES YES NO
    Friday 10th April 2020 YES YES YES
    Monday 13th April 2020 YES YES YES
    Monday 4th May 2020 YES NO NO
    *Friday 8th May 2020 NO YES YES
    Monday 25th May 2020 NO YES YES
    Monday 1st June 2020 YES NO NO
    Monday 13th July 2020 NO YES NO
    Monday 3rd August 2020 YES NO NO
    Monday 31st August 2020 NO YES YES
    Monday 26th October 2020 YES NO NO
    Friday 25th December 2020 YES YES YES
    Monday 28th December 2020 YES YES YES
    Tuesday 29th December 2020 YES NO NO
    Friday 1st January 2021 YES YES YES

    *Friday May 8th is a new Bank Holiday in 2020 for GB/NI customers.

    Payments will not be processed on Business On Line on this date. This Bank Holiday normally falls on the first Monday of May however for 2020 this Bank holiday will fall on Friday May 8th.

    Employers and business who normally make payments on a Friday or monthly payments on the 8th of the month are encouraged to submit payments to their payees in sufficient time to ensure that payee accounts are credited on Thursday 7th of May. If you do not wish to pay early, payees will not receive their payments until Monday 11th May

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