- Cut off timesThe 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 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 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
* 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