SEPA zone

Your business can make or collect direct debits in any of the 27 participating EU member states plus additional territories. All transactions happen in euro, even if one of the debiting accounts is in a different currency.

SEPA has created a cohesive internal market for all electronic euro payments within Europe, by standardising the way electronic payments are made and processed throughout the SEPA zone.

Easy to use 

When you sign up to become a SEPA direct debit originator, you are telling us to collect direct debits from nominated accounts on your behalf. We collect the money on the date specified within the payment file. There can be multiple collection dates within the payment file.

Direct Debit Timelines

You can upload and authorise a direct debit file up to 11.00am the morning before you want the direct debit file to be collected (Debit date-1)

E.G. The debit date on your direct debit payment file is Wednesday. You have until 11.00am on Tuesday to upload and authorise the file to make sure it is debited on Wednesday.

Direct debits at a glance

  • For euro transactions only
  • Collect from 27 EU member states 
  • Standardises direct debit timeframes
  • Open to any iBB customer

Who can apply?

Any iBB customer can apply to become a Direct Debit Originator.

How to apply

As an iBB customer, you can apply to become a Direct Debit Originator. Simply complete the below and return to your Relationship Manager to get started.

Payment files Direct Debits application and amendment form,

Sepa Direct Debit Creditors Agreement form

Find your local branch

Find your local branch

Make an appointment

Make an appointment

Software Providers

You'll need to use online software to create your Direct Debit file. Services vary across providers so it's important to find the best fit for your business.


See below for lists of available software providers but bear in mind that this list is not exhaustive.

IMPORTANT: AIB has provided the above for information purposes only and we do not endorse or recommend any of the featured software providers. Additionally, we shall not be responsible for any such software providers’ acts or omissions or the accuracy of information displayed or the performance of their product outside of it providing a XML file that AIB can process. Not all the products offered by these suppliers may be suitable for your particular circumstances; therefore it is strongly recommended that if you have not already done so, you should consult your payments software provider.

Related Products

SEPA credit transfer files

Make easy payments in euro anywhere in the SEPA zone

Currency current account

Work in foreign currency without converting your funds to euro

Business current account

Banking for your everyday business needs, both online and in branch

Fees and charges

€0.07 per payment, with a minimum charge of €6.35 per month.

To see all costs for SEPA payments, download our Schedule of International Charges and Business Fees and Charges.