Business On Line

Payment Cut-off Times

• Cut off times
  The table below illustrates the cut off times for domestic and international payments for UK customers.

  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 Day	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	4:00pm

  * A cross border 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 UK Global Markets within the GB or NI jurisdiction.

  International (Same Day)

  Payment	Payment Cycle	New cut-off time as at 20/08/21	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 as at 20/08/21	Extension from previous cut-off time
  GBP	Same Day	4:30pm	–
  EUR	Same Day	4:30pm	–
  USD	Same 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	–

  These are Bank of Ireland Cut Off times only; Bank of Ireland does not have any oversight or control over Beneficiary Bank cut off times

• Bank Holidays

  For a complete overview of Bank Holidays (non-processing/payment days for Business On Line payments), please see below:

  Date	ROI	NI	GB
  Monday 2 January 2023	YES	YES	YES
  Friday 17 March 2023	YES	YES	NO
  Friday 7 April 2023*	YES	YES	YES
  Monday 10 April 2023*	YES	YES	YES
  Monday 1 May 2023	YES	YES	YES
  Monday 8 May 2023	NO	YES	YES
  Monday 29 May 2023	NO	YES	YES
  Monday 5 June 2023	YES	NO	NO
  Wednesday 12 July 2023	NO	YES	NO
  Monday 7 August 2023	YES	NO	NO
  Monday 28 August 2023	NO	YES	YES
  Monday 30 October 2023	YES	NO	NO
  Monday 25 December 2023*	YES	YES	YES
  Tuesday 26 December 2023*	YES	YES	YES
  Wednesday 27 December 2023	YES	YES	NO
  Monday 1 January 2024*	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