How do I create a Standing Order?

You can create a standing order through Business Banking (iBB) or AIB Internet Banking.

• iBusiness Banking (iBB)
  Create a standing order with iBusiness Banking (iBB)

   

  1. Log in to iBB.
  2. Click the ‘Payments’ menu at the top.
  3. Click 'Standing Orders’ on the ‘Payments’ drop down menu.
  4. Click ‘Create a standing order’ beside the green plus symbol.
  5. Enter the details requested on screen e.g. ‘Paying to’, ‘Amount to send’, ‘Payment Information’ and Standing order details such as ‘Date of first payment’, ‘How often’ and the frequency.
  6. In order to select a Receiver from the 'Name' dropdown on this screen, you must first ensure that the Receiver has been set up as a Beneficiary.
  7. You may have the option to choose ‘Standard’ or ‘Instant’. If choosing ‘Instant’ please read ‘click here for more’ as instant standing orders may not be accepted for repaying loans or credit cards, for example.
  8. Click ’Continue'.
  9. Click ‘Authorise’ and enter the requested One Time Code (OTC) from your AIB Digipass.
  10. When you see a message confirming that you have successfully created the Standing Order on your selected account, you have the option to ‘Create another standing order’ or ‘See active standing orders.

   

  If you create a standing order as an open payment, the BIC will usually be added automatically based on the IBAN you enter for the receiver.

   

  If the system cannot identify a BIC from the IBAN provided, you will be asked to enter the correct BIC manually before continuing.
• AIB Internet Banking
  Create a standing order with AIB Internet Banking
   

  1. Log in to AIB Internet Banking
  2. Select Pay & Transfer
  3. Click on ‘Standing Orders’ and select the option to ‘Set up a Standing Order’. To set up a new standing order to a new account, you will need your AIB Card Reader. 
  4. Enter the details requested on screen e.g. in the Sender Details section, ‘From account, ‘Your message’, and in the Receiver Details section, enter the ‘Account Type’ and the ‘To account’.
  5. For a new account, select the purpose of the Standing Order from the Fraud advice section and confirm you are happy with the reason for the payment.
  6. On the ‘Payment details’ screen, enter the details as requested, the ‘Amount’, ‘How often’, the ‘Start date’ and ‘Payment type’.
  7. Under the ‘Payment type’ you may be asked to choose between Standard or Instant. An instant standing order is processed on any day (including weekends and bank holidays) as an instant payment. Instant standing orders may not be suitable for repaying loans or credit cards, for example.
     Select whether you want a set number of payments or for the standing order to continue with no end date.
  8. The next screen shows the details you have entered and asks you to confirm.
  9. If this is a new account, you will need your card reader. Follow the onscreen instructions and press ‘Confirm’.
• Other important information
  • The maximum amount you can set up a standing order for on Internet Banking is €5,000. For customers on iBusiness Banking (iBB), the relevant iBB limit will apply. If you are In-Branch, the maximum amount that you can set up a standing order for is €99,999.99.
  • You can create a new standing order or change an existing one, as long as the total amount is not more than €5,000.
  • If you set up your standing order before 20:00 on a business day, your first payment will be sent on the date you set. However, if you select standard payment and the date you set is a weekend or bank holiday, it will be sent on the next business day.
  • If you set up a standing order after 20:00 on a business day, or on a weekend or bank holiday, the first payment may take two business days to go through.

  
  Find out more about standing order.