Important Customer Notice:

21/12/15

SEPA Payments Processing Christmas and New Year

Online SEPA Payments

Online SEPA payments made after 1.30pm on the business day of 24th December going to other banks will be effected on 28th December but may not be applied to beneficiary accounts until the 30th December. Similarly online SEPA payments made after 1.30pm on the SEPA business day of 28th December going to other banks will be affected on 29th December but may not be applied to beneficiary accounts until the 30th December. This is due to the local bank holiday processing arrangements of other Banks.
 
Q1. If a payment is due into my account during the holiday period, when can I expect it to arrive?
The 28th and 29th December are normal SEPA processing days and KBC Bank Ireland Plc will be processing SEPA transactions on these days however please note that credits due into your account from other Banks on these dates may not be received and credited to your account until the 30th December 2015. This is due to the local bank holiday processing arrangements of other Banks.
 
Q2. I have made a mobile or online payment from my KBC current account during the holiday period. When can I expect these funds to arrive in the beneficiary account?

Online and mobile SEPA payments made after 1.30pm on the business day of 24th December going to other banks will be effected on 28th December but may not be applied to beneficiary accounts until the 30th December. Similarly online and mobile SEPA payments made after 1.30pm on the SEPA business day of 28th December going to other banks will be effected on 29th December but may not be applied to beneficiary accounts until the 30th December. This is due to the local bank holiday processing arrangements of other Banks.

Q3. I have a direct debit due from my KBC current account during the holiday period. When can I expect these funds to leave my account?
 
SEPA Direct Debits will be debited to accounts according to the value date of the SDD notification received from the creditor bank. SDDs due on 28th or 29th December may be debited on those days but may also be delayed until 30th December, this is due to the local bank holiday processing arrangements of other Banks.