International Payments

General Information

What is an International Payment?

An International Payment is a payment made in any currency (including euro) to a person/organisation outside the Republic of Ireland. It can also be a payment in foreign currency to any country worldwide, including Ireland.
What are the International Payment products available from AIB?

AIB provides two types of Outgoing International Payments. These are:

1. Paylink Euro

Paylink Euro payments are used for sending euro international payments to a SEPA zone country, i.e. EU Member States, Iceland, Liechtenstein, Norway and Switzerland. Payments can be sent as either standard or urgent.

2. Paylink

Paylink should be used for all other international payments. Paylink payments can be sent in all major currencies to most destinations worldwide as either standard or urgent.

Incoming International Payments

AIB provides two types of Incoming International Payments. These are:

1. InPay Euro

This product is used for euro international payments sent to Ireland from SEPA countries*.

2. InPay Global

This product is used for all other Incoming International Payments. i.e. for payments in all major currencies from most countries worldwide.

Please note that all payments are subject to cut-off times.

*SEPA countries = EU Member States, Iceland, Liechtenstein, Norway and Switzerland
How can I make an International Payment?

International payments can be made through various internet channels, iBusiness Banking (iBB) for business customers and AIB Internet Banking or AIB Kiosk Banking for personal customers or through certain third party providers. iBB's Payment File Service offers business customers the opportunity to make International Payments in bulk. Payments made on these channels are subject to the terms and conditions for each channel.

International Payments can also be made through any of our AIB branches by completing either a Paylink Euro or Paylink application form. These forms are available at AIB Branches or can be downloaded from this website.
Why are Intermediary (Agent) Banks used?

In order to deliver an International Payment service AIB relies on the services of Intermediary Banks to provide us with access to the local payment system in each country.

Most International Payments are made in the currency of the Receiver’s country e.g. USD payments to the USA or GBP payments to the UK. With these payments the Intermediary Bank is located in the country of the Receiver and they will pass the proceeds of the payment to the Receiver’s Bank through the national banking system in the country. The Intermediary Banks will normally deduct their fees or charges from the payment amount before the payment is passed to the Receiver’s Bank. For payments to non-EEA countries, the Intermediary and Receiver Banks can be requested to pass on the full amount of the payment to the Receiver but their charges will be charged back to the Sender.

Sometimes payments are made in a third currency (payment that is not made in the currency of the Sender or the Receiver's country). For example a payment from Ireland in USD sent to Japan. With such payments, AIB may be able to send a payment order directly to the Receiver’s Bank and arrange the USD settlement for the payment from their USD bank account in the USA to the Japanese bank’s USD account in the USA.

In some cases the Japanese bank may not be an Agent Bank for AIB. In such case AIB will try to identify a bank in the USA where the Japanese bank maintains an account. AIB will then send the payment through its US Agent Bank to be passed to the US Agent Bank of the Japanese bank. In such a payment a minimum of two Agent Banks would be involved, both of which will apply a charge for handling the payment.

On rare occasions AIB may not be able to identify the US Agent Bank for the Japanese bank and may request the customer to obtain this information from the Receiver of the payment.

Due to the complexity involved in delivering payments to the Receiver’s Bank and the extent of AIB’s Intermediary bank network (approximately 1800 banks worldwide), it is not possible for AIB to indicate the amount of any Intermediary bank charges that may be deducted from a payment or charged back to the Sender.

AIB endeavours to limit the amount of charges applied by Intermediary (Agent) Banks, by routing payments through recognised clearing and settlement systems directly to the Receiver's Bank (e.g. Target, EBA, STEP 2) or through preferred Intermediary Banks selected by AIB or nominated by the Receiver’s Bank.

Please note that the charges of Intermediary (Agent) Banks and/or the Receiving Bank may be higher than similar charges applied in Ireland.
What is a BIC?

The Bank Identifier Code (BIC), is the code necessary to send automated International Payments quickly and accurately to the banks concerned. It is not mandatory for the customer to provide the BIC for SEPA payments.

AIB’s BIC is AIBKIE2D.

BIC codes consist of either 8 or 11 alphanumeric characters and can be verified using the following website: www.swift.com/biconline
What is an International Bank Account Number (IBAN)?

The 'International Bank Account Number' or 'IBAN' is an international standard for quoting account numbers across Europe and is being increasingly adopted outside Europe. The IBAN contains enough detail to identify the number and the Receiver’s bank account branch. When used with the BIC it provides sufficient information to ensure the correct identification of the Receiver's bank branch and their account number within that branch.
How can an IBAN be identified?

An IBAN contains additional characters in front of a Receiver’s normal bank account number. These characters consist of a 2-letter country code followed by a 2-digit check number.
For Example: AT611904300234573201

Please note that an IBAN in printed format (such as an invoice) is likely to be prefaced by the word IBAN e.g. IBAN AT611904300234573201

• You should NOT enter the word IBAN on any input to the bank.

• You should not include any spaces when quoting the IBAN. The IBAN should be presented as a continuous string of alphanumeric characters i.e. AT611904300234573201
What exchange rate is applied to an International Payment?

An exchange rate is applied to an International Payment, when the currency of the payment is different to the currency of the Sender’s or Receiver's Account. Standard exchange rates are available to view online which are applicable on the relevant business day quoted. (For Outward Payments - Sell Rate click here. For Inward Payments - Buy Rate click here). These variable exchange rates are subject to change at any time.

What are the payment product codes?

A payment product code is a three digit code used to identify our payment products and the payment fee related to it. From the 2 July 2018 you will see these payment product codes on your account ledger and statements. The table below outlines each product code and the type of instruction you used:

Product Code	AIB Payment Product	Instruction Type
O03	Paylink Euro Standard	Paper Instruction
O08	Paylink Euro Standard	Electronic Instruction
O20	Paylink Euro Urgent	Paper Instruction
O19	Paylink Euro Urgent	Electronic Instruction
O02	Paylink Standard	Paper Instruction
O05	Paylink Standard	Electronic Instruction
O01	Paylink Urgent	Paper Instruction
O04	Paylink Urgent	Electronic Instruction
I12	InPay Euro	*N/A
I03	InPay Global – For amounts greater than €127	*N/A

*N/A = Not Applicable

The charges associated with these Product code are outlined in our ‘Schedule of International Transaction Charges’ brochure on our website.

Why did a payment coming from another country get rejected?

Your payment could be rejected if information is missing or entered into the wrong place by the sender.

The sender needs your BIC and IBAN, or your BIC, NSC and Account Number.

Examples of your account details will look like:

BIC – AIBKIE2DXXX

IBAN – IE12AIBK93000012345678

NSC & Account Number – 930000 12345678

If this is not the cause of the problem, ask the sender to also contact their bank and check why your payment got rejected.

Charges for International Payments

How much does an International Payment cost?

The cost of an International Payment is based on AIB’s charge and the charges of other banks involved in the payment, such as Intermediary (Agent) Banks and the Receiver Bank. Intermediary (Agent) and Receiver Banks will normally collect their charges by deducting them from the payment amount before it is paid to the Receiver's Account or will bill AIB with their charges once they have processed the payment. However, under EU legislation the charges must be shared by both parties when the payment is made within the *EEA.

For more information on the AIB costs for International Payments please click here to view the Schedule of International Transactions Charges brochure. Brochures are also available in your branch.
In addition to AIB’s International Payment charge, account transaction fees will also apply.

*EEA = EU Member State, Iceland, Liechtenstein and Norway

Who pays the costs when making an International Payment?

The cost of an International Payment may be charged either to the Sender or is shared between the Sender and the Receiver.

Under EU legislation the charges must be shared by both parties when the payment is made within the *EEA. For example, if an AIB Customer makes a payment in euro from their euro account to Romania, the AIB customer (Sender) pays the AIB’s charge and the Receiver in Romania will pay the Receiver’s bank charge.

*EEA = EU Member State, Iceland, Liechtenstein and Norway

The charging options available to AIB Customers on Outgoing International Payments are detailed in the table below:

Charging Option	Impact on the Sender	Comment
SHARED ('SHA')	This is where the Sender opts to pay their bank’s charge and the Receiver pays the charges of all other banks.	The Sender pays AIB’s charge and any other bank charges may be deducted from the payment amount before it is paid to the Receiver. This is the most frequently used charging option and must be used for all payments made within the EEA.
SENDER ('OUR')	The Sender opts to pay their bank's charge and the charges of all other banks.	The Sender's account will be debited with the AIB charges initially and with all other bank(s) charges when notification is received from the bank(s) involved, which could be some time after the payment was actually executed. This charging option can be used for payments to Non-EEA countries. Please note that the charges of Intermediary (Agent) Banks and/or the beneficiary/Receiver Bank may be higher than similar charges applied in Ireland

Please note that in the following cases, payments must be made on a ‘Shared’ charging basis:

Paylink Euro payments
Paylink payments in any currency to an EEA destination and
All International Payments made using the AIB Internet Banking service
InPay Euro payments

**EEA = EU Member States and Norway, Iceland and Liechtenstein.

Note: If you require the full amount of the payment to be credited to the Receiver's Bank, and where permitted by law to do so, you should select the ‘Sender’ charging option. Please note that the charges of Intermediary (Agent) Banks and/or the Receiver Bank may be higher than similar charges applied in Ireland.

Outgoing International Payments

What is a Paylink Euro payment?

Paylink Euro payments are international payments in euro to a SEPA zone country (2).

Paylink Euro

Product/ Service

Features

Standard Charge Paper Instruction

Standard Charge Electronic Instruction

Standard

Non-urgent euro payment from euro account
Any amount (1)
Receiver’s Bank must be located in the SEPA zone(2) and be reachable for SEPA Credit Transfers
Unique Identifier(3) is:
- IBAN of the Receiver
Execution timeframe is a minimum(4) of same business day and a maximum(5) of 1 business day, subject to cut off times(6)
Charging Option ‘Shared’(7) is mandatory
Sender’s message for the Receiver option available
Payment confirmation available upon execution(8)
Can be made:
- Electronically, e.g. iBusiness Banking, AIB Internet Banking, AIB Kiosk Banking(9) and iBB's Payment File Service OR
- By Paylink Euro Payment Application Form(10)

€0.00

Urgent

Urgent euro payment from euro account
Any amount (1)
Receiver’s Bank must be located in the SEPA zone(2)
Unique Identifier(3) is:
- IBAN of the Receiver and
- BIC of the Receiver’s Bank
Execution timeframe is a minimum(4) of same business day and a maximum(5) of 1 business day, subject to cut off times(6)

Charging Option ‘Shared’(7) is mandatory
Sender’s message for the Receiver option available
Payment confirmation available upon execution(8)
Can be made:
- Electronically, e.g. iBusiness Banking, AIB Internet Banking, AIB Kiosk Banking(9) OR
- By Paylink Euro Payment Application Form(10)

€25.00

€12.70

Footnotes

(1) The maximum amount that may be transferred may be restricted by limits applying to AIB’s delivery channels.

(2) SEPA zone = EU Member States, Iceland, Liechtenstein, Norway, and Switzerland. There are a number of additional SEPA zone territories where Paylink Euro may be sent. Ireland is excluded as a destination country for Paylink Euro payments on all electronic payment channels. It is available as a destination country for payments processed at AIB Branches on the Paylink Euro Application form

(3) Unique Identifier is the information required to identify the bank account of the Receiver when processing a payment (for example the IBAN of the Receiver and the BIC of the Receiver’s Bank). For all Incoming and Outgoing International Payments, where available AIB recommends using the IBAN of the Receiver’s Bank Account and the BIC of the Receiver’s Bank. For SEPA payments you will need to provide the IBAN. BIC is no longer mandatory for SEPA payments. Further detailed information on the Unique Identifiers required when making payments to specific countries is available on www.aib.ie by searching for ‘Country Specific Receiver Bank’.

(4) AIB’s minimum execution timeframes for payments are indicative only. AIB does not guarantee that the payment will reach the Receiver Bank within the indicated execution timeframe. Delivery times may vary. AIB is not responsible for failure of the Receiver Bank to pass on the payment to the Receiver. Whilst AIB will process your payment requests in a timely manner, please note that due to local banking practices in certain regions of the world such as Africa, South America, the Caribbean and areas of the Middle East and Asia, delivery times and service may vary.

(5) AIB’s maximum execution timeframes for payments represent the maximum execution cycle permitted by law for payments in EEA currencies within the EEA. The actual execution timeframes are more likely to be reflected by the minimum execution cycles indicated. An additional day is allowed for payments instructed on paper, but maximum execution time will not exceed 4 business days.

(6) The cut-off time for Outgoing International Payments initiated by paper instruction is 13.00 p.m. at any AIB branch. The cut-off times for Outgoing International Payments initiated by electronic channels are available on the relevant channel.

(7) When the ‘Shared’ charging option is used the AIB fees are paid by the AIB customer and all other charges (Intermediary and/or Receiver Bank charges) are paid by the Receiver. These Intermediary and/or Receiver's bank charges may be deducted from the payment amount before it is credited to the Receiver's Account. Therefore the full amount of the payment may not be credited to the Receiver’s account. An Intermediary Bank may not deduct its charges from the payment amount on a payment made in an EEA currency within the EEA.

(8) Payment confirmations for Outgoing International Payments submitted via certain electronic channels (e.g. AIB Internet Banking, AIB Kiosk Banking, iBB etc.) are available to customers on their International Payment Log.

(9) AIB Kiosk Banking is widely available across the AIB branch network and can be used with an AIB Debit Card and PIN.

(10) Paper application forms are available at your local branch or to download on www.aib.ie

*Paylink Euro payments are subject to EU Regulation 2560 which requires Irish banks to charge the same price for an International Payment in euro within the EEA as they charge for an equivalent euro payment within Ireland.

The Receiver’s Bank may, subject to agreement with the Receiver, deduct their fee from the payment amount before they credit the Receiver’s Account. Under EU legislation Intermediary (Agent) Banks may not deduct any charges from Paylink Euro payments to EEA** destinations. Intermediary (Agent) Banks or the Receiver’s Bank may charge where amendments/investigations/cancellations to payment instructions are requested.

**EEA= EU Member States and Norway, Iceland and Liechtenstein.

What countries can I send Paylink Euro payments to?

Paylink Euro payments may be sent to any EU Member state, Iceland, Liechtenstein, Monaco, Norway, San Marino and Switzerland. The Republic of Ireland is excluded for Outgoing International Payments. A full listing of applicable countries is provided in the following table:

Austria

Belgium

Bulgaria

Croatia

Cyprus

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Ireland

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Netherlands

Norway

Poland

Portugal

Romania

Slovak Republic

Slovenia

Spain

Sweden

Switzerland

UK (including Northern Ireland)

There are a number of additional SEPA zone territories where Paylink Euro may be sent. They include Åland Islands, Andorra, Azores, Canary Islands, French Guiana, Gibraltar, Guadeloupe, Guernsey, Isle of Man, Jersey, Madeira, Martinique, Mayotte, Monaco, Reunion, Saint Barthelemy, Saint Martin, Saint Pierre and Miquelon, San Marino and Vatican City. These tend to change periodically.

What is a Paylink payment?

Paylink payments can be sent in all major currencies to most destinations world-wide.

Please note that when sending Euro payments to countries within the EEA the Paylink Euro Product should be used when the account being debited is a Euro account.

Product/ Service

Features

Standard Charge Paper Instruction

Standard Charge Electronic Instruction

Standard

Non urgent payment from euro or currency account, excluding those that qualify as Paylink Euro
Any amount (1) in major currencies to most destinations worldwide (11)
Acceptable Unique Identifiers(3) for all payments are:
- IBAN of the Receiver and
- BIC of the Receiver’s Bank OR
- Bank Account Number of the Receiver
- Bank Code of the Receiver’s Bank and
- BIC of the Receiver’s Bank OR
- Bank Account Number of the Receiver
- Bank Code of the Receiver’s Bank and
- Receiver’s Bank full Name and Address

Execution timeframes for:
- EEA currency(12) payments to EEA(13) countries: a minimum(4) of 1 business days and a maximum(5) of 4 business days, subject to cut off times(6)
- All other payments: a minimum(4) of 1 business days, subject to cut off times (6)

Charging Options:
- ‘Shared’(7): mandatory for all payments to EEA country(13) destinations
- Charges ‘Shared’(7) and ‘Sender’(14) can be selected for payments where destination country is not an EEA Country.

Sender’s message for the Receiver option available and its mandatory to provide a clear purpose of payments
Payment confirmation available upon execution(8)

Can be made
- Electronically, e.g. iBusiness Banking, AIB Internet Banking, AIB Kiosk Banking(9) and iBB's Payment File Service OR
- By Paylink International paper application form(10)

€20

€15

Urgent

Urgent payment from euro or currency account, excluding those that qualify as Paylink Euro
Any amount(1) in major currencies to most destinations worldwide(11)
Acceptable Unique Identifiers(3) for all payments are:
- IBAN of the Receiver and
- BIC of the Receiver’s Bank OR
- Bank Account Number of the Receiver
- Bank Code of the Receiver’s Bank and
- BIC of the Receiver’s Bank OR
- Bank Account Number of the Receiver
- Bank Code of the Receiver’s Bank and
- Receiver’s Bank full Name and Address

Execution time frames for:
- GBP payments to EEA(13) countries: a minimum(4) of same business day and a maximum(5) of 4 business days subject to cut off times(6)
- Euro or GBP payments to non EEA(13) countries: a minimum(4) of same business day, subject to cut off times(6)
- CHF, CZK, DKK, HUF, NOK, PLN or SEK payments to EEA(13) countries: a minimum(4) of 1 business day and a maximum(5) of 4 business days, subject to cut off times(6)
- CHF, CZK, DKK, HUF, NOK, PLN or SEK payments to non EEA(13) countries: a minimum(4) of 1 business day, subject to cut off times(6)
- USD and CAD(15): a minimum(4) of same business day, subject to cut off times(6)

Charging Options:
- ‘Shared’(7):
- mandatory for all payments to EEA country(13) destinations
- Charges ‘Shared’(7) and ‘Sender’(14) can be selected for payments where destination country is not an EEA Country.
Sender’s message for the Receiver option available and its mandatory to provide a clear purpose of payments.
Payment confirmation available upon execution(8)
Can be made:
- Electronically, e.g. iBusiness Banking, AIB Internet Banking and AIB Kiosk Banking(9) OR
- By Paylink International paper application form(10)

€32

€22.50

Footnotes

(1) The maximum amount that may be transferred may be restricted by limits applying to AIB’s delivery channels.
(2) SEPA zone = EU Member States, Iceland, Liechtenstein, Norway, and Switzerland. There are a number of additional SEPA zone territories where Paylink Euro may be sent. Ireland is excluded as a destination country for Paylink Euro payments on all electronic payment channels. It is available as a destination country for payments processed at AIB Branches on the Paylink Euro Application form.
(3) Unique Identifier is the information required to identify the bank account of the Receiver when processing a payment (for example the IBAN of the Receiver and the BIC of the Receiver’s Bank). For all Outgoing International Payments, AIB recommends using the IBAN of the Receiver’s Bank Account and the BIC of the Receiver’s Bank. Further detailed information on the Unique Identifiers required when making payments to specific countries is available on www.aib.ie by searching for ‘Country Specific Receiver Bank’.
(4) AIB’s minimum execution timeframes for payments are indicative only. AIB does not guarantee that the payment will reach the Receiver Bank within the indicated execution timeframe. Delivery times may vary. AIB is not responsible for failure of the Receiver Bank to pass on the payment to the Receiver. Whilst AIB will process your payment requests in a timely manner, please note that due to local banking practices in certain regions of the world such as Africa, South America, the Caribbean and areas of the Middle East and Asia, delivery times and service may vary.
(5) AIB’s maximum execution timeframes for payments represent the maximum execution cycle permitted by law for payments in EEA currencies within the EEA. The actual execution timeframes are more likely to be reflected by the minimum execution cycles indicated. An additional business day is allowed for payments instructed on paper, but maximum execution time will not exceed 4 business days.
(6) The cut-off time for Outgoing International Payments initiated by paper instruction is 13.00 p.m. at our branch. The cut-off times for Outgoing International Payments initiated by electronic channels are available on the relevant channel.
(7) When the ‘Shared’ charging option is used the AIB fees are paid by the AIB customer and all other charges (Intermediary and/or Receiver Bank charges) are paid by the Receiver. These Intermediary and/or Receiver's bank charges may be deducted from the payment amount before it is credited to the Receiver's Account. Therefore the full amount of the payment may not be credited to the Receiver’s account. An Intermediary Bank may not deduct its charges from the payment amount on a payment made in an EEA currency within the EEA.
(8) Payment confirmations for Outgoing International Payments submitted via certain electronic channels (e.g. AIB Internet Banking, AIB Kiosk Banking, iBB etc.) are available to customers on their International Payment Log.
(9) AIB Kiosk Banking is widely available across the AIB branch network and can be used with an AIB Debit Card and PIN.
(10) Paper application forms are available at your local branch or to download from this website.
(11) The currencies and destinations available for sending International Payments may differ depending on the delivery channel.
(12) EEA currencies include the following: EUR - euro, GBP - Pound Sterling, CHF - Swiss Franc, CZK - Czech Koruna, DKK - Danish Krone, HUF - Hungarian Forint, NOK - Norwegian Krone, PLN - Polish Zloty, SEK - Swedish Krona. NOTE: EEA currencies available for sending International Payments may differ depending on the delivery channel. The following EEA currencies are not currently available for sending/receiving international payments. They are BGN - Bulgarian Lev, ISK - Icelandic Krona and RON - Romanian Leu and HRK - Croatia Kuna.
(13) EEA = EU Member States and Norway, Iceland and Liechtenstein.
(14) When the ‘Sender’ charging option is used the AIB fees and all other Intermediary and/or Receiver Bank charges are paid by the AIB customer. AIB will debit the Sender’s account with such Intermediary and/or Receiver Bank charges upon receipt of a bill or claim from these banks. This can occur some time after the payment was actually executed by AIB.
(15) CAD - Canadian Dollar, USD - US Dollar.

For payments in EEA* currencies within the EEA, the Receiver’s Bank may, subject to agreement with the Receiver, deduct their fee from the payment amount before they credit the Receiver’s Account.

Under EU legislation Intermediary (Agent) Banks may not deduct any charges from Paylink payments in EEA currencies within the EEA. Intermediary (Agent) Banks or the Receiver’s Bank may charge where amendments/investigations/cancellations to payment instructions are requested.

What currencies can be used when making a Paylink payment?

The following are the currencies available for making payments using the Paylink (Standard and Urgent) forms via iBusiness Banking channel. Please note that the currencies available may differ depending on the delivery channel used.

Code	Currency	Paylink Standard	Paylink Urgent
AED	United Arab Emirates Dirham	Yes	No
AUD	Australian Dollar	Yes	No
CAD	Canadian Dollar	Yes	Yes
CHF	Swiss Franc	Yes	Yes
CZK	Czech Koruna	Yes	Yes
DKK	Danish Krone	Yes	Yes
EUR	Euro Unit	Yes	Yes
GBP	GBP Pound	Yes	Yes
HKD	Hong Kong Dollar	Yes	No
HUF	Hungarian Forint	Yes	Yes
INR	Indian Rupee	Yes	No
ILS	New Israeli Shekel	Yes	No
JPY	Japanese Yen	Yes	No
KWD	Kuwaiti Dinar	Yes	No
MXN	Mexican Peso	Yes	No
NOK	Norwegian Krone	Yes	Yes
NZD	New Zealand Dollar	Yes	No
OMR	Omani Rial	Yes	No
PHP	Philippine Peso	Yes	No
PLN	Polish Zloty	Yes	Yes
QAR	Qatari Rial	Yes	No
SAR	Saudi Riyal	Yes	No
SEK	Swedish Krona	Yes	Yes
SGD	Singapore Dollar	Yes	No
THB	Thai Baht	Yes	No
TRY	Turkish Lira	Yes	No
USD	US Dollar	Yes	Yes
ZAR	South African Rand	Yes

What are the currency cut-off times for Outgoing International Payments in AIB?

The cut-off times for Outgoing International Payments made on paper application forms is 1.00p.m. at an AIB branch. The cut off times for Outgoing International Payments made on electronic channels are available on the relevant channel.
What information do I need to make an Outgoing International Payment?

In order to ensure that your Outgoing International Payment is made correctly you should have the following minimum information:

a) The name and address of the Receiver to whom you are transferring the funds

b) Either the BIC or the full name and address of the foreign bank branch at which the Receiver maintains their bank account

c) The International Bank Account Number (IBAN) or normal bank account number of the Receiver’s Account with the foreign bank

d) The national bank code (where available) of the bank branch at which the Receiver’s Account is maintained. This is not required if an IBAN is provided.

IBAN is mandatory for all international euro payments to SEPA countries*. IBAN and BIC are recommended for use on all payments where they are available.

For SEPA payments you will need to provide the IBAN. BIC is no longer mandatory for SEPA payments.

*SEPA zone = EU Member States, Iceland, Liechtenstein, Norway and Switzerland.
How to set up someone outside Ireland for payment on iBB?

Click here to set up someone outside Ireland for payment on iBB.
Payments to United Arab Emirates – What is a UAE PoP code?

A UAE PoP code is a 3 character code that the UAE uses to identify the purpose of payment. For example: salary has a pop code of SAL

These can be found by clicking here.
What Bank Account information do I need when sending a payment to a specific country abroad?

When making Outgoing International Payments it is important that you provide complete and accurate information relating to the Receiver and the Receiver's Account. For information on country specific formatting requirements, please click here.
Tips to ensure that your payment reaches the Receiver
- Ensure you provide the full name of the Receiver on each payment and when required, the Receiver's address
- Ensure that the name and address of the Receiver matches exactly with the details held by the Receiver’s Bank
- Ensure that the Receiver’s account number is correct and the account type can accept payments
- For paper payments, ensure that your instructions are legible/clear so the branch official has no problems reading and inputting the details
- If possible, use AIB Internet Banking for making payments for under €10k
- Alternatively use Branch Kiosks in your local branch for making payments under €10k
- We recommend using the BIC of the Receiver’s Bank and IBAN of the Receiver for all international payments. Please note for SEPA payments IBAN is mandatory. BIC is no longer mandatory for SEPA payments
- For Payments outside the EEA, please ensure that if the Receiver’s Bank BIC is not available, that the full name and address of the Receiver’s Bank is provided and is correct
- For country specific formatting requirements for your international payments refer to the previous question ‘What Bank Account information do I need when sending a payment to a specific country abroad?’
- Always include the ultimate beneficiary bank details in the Receiver’s Bank fields if given 2 or more sets of bank details from the Receiver

Charges for International Payments

What is an InPay Euro payment?

InPay Euro payments are incoming payments in euro from SEPA zone countries.

Product/ Service	Features	Standard Charge
InPay Euro	Euro payments only Originated from a SEPA zone (1) country only Unique Identifier (2)(3) is: IBAN of the Receiver and BIC of the Receiver's Bank Funds credited to the Receiver's Account on value date requested, subject to cut-off times. Payment confirmation available the day following receipt	€0.00

Footnotes
(1) SEPA zone = EU Member States, Iceland, Liechtenstein, Norway and Switzerland. There are a number of additional SEPA zone territories.

(2) Unique Identifier is the information required to identify the bank account of the Receiver when processing a payment (for example the IBAN of the Receiver and the BIC of the Receiver’s Bank). There are a number of additional SEPA zone territories.

(3) Payments received with incomplete or incorrect Unique Identifier may be returned to the Sending Bank and a return fee may be deducted from the original payment amount.

What is an InPay Global Payment?

InPay Global payments are all payments that do not qualify as InPay Euro payments, i.e. for payments in all major currencies from most countries worldwide.

Product/ Service

Features

Standard Charge

InPay Global

Any amount, in major currencies
Acceptable Unique Identifiers (1)(4) are
- IBAN of the Receiver and
- BIC of the Receiver's Bank OR
- Bank Account Number of the Receiver and
- NSC(2) of the Receiver's Bank

Funds credited to the Receiver's Account on value date requested, subject to cut-off times.

Payment confirmation available the day following receipt issues

Amounts less than or equal to €127

€0.00

Amounts greater than €127

€6.35

Footnotes
(1) Unique Identifier is the information required to identify the bank account of the Receiver when processing a payment (for example the IBAN of the Receiver and the BIC of the Receiver’s Bank).

(2) The National Sort Code (NSC) is the six-digit number which identifies a bank and branch within Ireland at which an account is held. NSCs appear on bank statements.

(3) Payments received with incomplete or incorrect Unique Identifier may be returned to the Sending Bank and a return fee may be deducted from the original payment amount.

What information should I supply to the Sender of an Incoming International Payment?

In order to ensure that any Incoming International Payment is made correctly to your account you should provide the following minimum information to the Sender:

a) AIB’s BIC which is AIBKIE2D.
b) The International Bank Account Number (IBAN) of your account with AIB. This number is available on your bank account statement.

IBAN is mandatory for all international euro payments from SEPA countries*. IBAN and BIC are recommended for use on all payments where they are available.

*SEPA zone = EU Member States, Iceland, Liechtenstein, Norway and Switzerland. There are a number of additional SEPA zone territories.
What happens if the Account information on an Incoming International Payment is incorrect or incomplete?

In accordance with the Payment Services Directive (PSD2), Incoming International Payments will only be applied to the Receiver’s Account once the IBAN or NSC and Account Number is specified on the payment instruction from the Sending bank. Therefore it is important to ensure that the Sender of the payment is supplied with the correct account information. Payments received with incomplete account information may be automatically returned to the Sending bank.

What are the cut-off times for Incoming International Payments in AIB?

Cut-Off Times for receipt of payments from Sepa Zone(1) and Other EEA Currencies (Subject to value date requested on the payment)

Currency Code	Currency Name	Cut-off time for receipt of payment (GMT)
EUR	Euro	15:45
GBP	Sterling	16:00
CHF	Swiss Franc	15:30
CZK	Czech Koruna	15:30
DKK	Danish Krone	15:30
HUF	Hungarian Forint	15:30
NOK	Norwegian Krone	15:30
PLN	Polish Zloty	15:30
SEK	Swedish Krona	15:30

Cut-Off Times for receipt of payments in non-Sepa currencies (Subject to value date requested on the payment)

Currency Code	Currency Name	Cut-off time for receipt of payment (GMT)
AED	UAE Dirham	14.00
AUD	Australian Dollar	15.00
CAD	Canadian Dollars	14.30
HKD	Hong Kong Dollar	13.00
ILS	Israeli Shekel	14.00
INR	Indian Rupee	14.00
JPY	Japanese Yen	15:00
KWD	Kuwaiti Dinar	14.00
MXN	Mexican Peso	16.00
NZD	New Zealand Dollar	15.00
OMR	Omani Rial	14.00
PHP	Philippine Peso	12.00
QAR	Qatari Rial	14.00
SAR	Saudi Arabian Riyal	14.00
SGD	Singapore Dollar	13.00
THB	Thai Baht	16.00
TRY	Turkish Lira	14.30
USD	US Dollar	16.00
ZAR	South African Rand	15.00

(1) SEPA zone = EU Member States, Iceland, Liechtenstein, Norway and Switzerland. There are a number of additional SEPA zone territories. Other EEA currencies, supported by AIB, are: CHF - Swiss Franc, CZK – Czech Koruna, DKK –Danish Krone, HUF – Hungarian Forint, NOK – Norwegian Krone, PLN – Polish Zloty, SEK – Swedish Krona.

Please note that currency payments received after the cut-off time for that currency will receive value 1 day later than the value applied to payments received prior to cut-off time.