Euro Payments Processing 1st May 2020
21 April 2020
The 1st May 2020, although a normal working day in Ireland, is a bank holiday throughout most of Europe and consequently the official Euro settlement mechanisms will be closed on that day.
As a result of this closure please note the following;
Incoming SEPA/EUR Credit Transfers
If you are expecting an inward EUR payment to your account on the 1st
May 2020 please note that the credit will be received and credited with a value date of 4th May 2020.
Online SEPA Payments
Online SEPA payments made after 1.30pm on the business day of 30 April 2020 and on the 1st
May 2020 will be paid with a value date of 4th May 2020.
Online Transfers to KBCI accounts
Online transfers to accounts held with KBCI made on the 1st
May 2020 will be processed with a value date of 1st
SEPA/EUR Direct Debits
Direct Debits normally due on the 1st
of the month will be processed with a value date of 4th May 2020.