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SEPA Payments Processing 1st May 2018

01 May 2018

As the 1st May 2018 is a bank holiday in Europe please note the following;

EUR Payments Processing 1st May 2018
The 1st May 2018, 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 2018 please note that the credit will be received and credited with a value date of 2nd May 2018.

Online SEPA Payments
Online SEPA payments made after 1.30pm on the business day of 30 April 2018 and on the 1st May 2018 will be processed with a value date of 2nd May 2018.

Online Transfers to KBCI accounts
Online transfers to accounts held with KBCI made on the 1st May 2018 will be processed with a value date of 1st May 2018.

SEPA/EUR Direct Debits
Direct Debits normally due on the 1st of the month will be processed with a value date of 2nd May 2018