The payment fee for the Outgoing Payments will now be posted separately on your statement. The AIB payment reference will appear as IEXXXXXXXXXXXXXX
L1: IEXXXXXXXXXXXXXX 0.00 (Payment amount)
L2: Debit narrative
L1: IEXXXXXXXXXXXXXX 0.00 (Payment fee)
L2: PYMT FEE ***
(*** is a 3 character Pricing Code as outlined in our Schedule of International Transaction Charges for that Payment type)
Some customers may be seeing this already as it is being introduced on a phased basis.
The Standard Paylink option selected for the following currencies USD, GBP, EUR and CAD, will arrive with the beneficiary bank in 1 business day instead of 2 business days, once processed within cut off times.
This will be updated in our Schedule of International Transaction Charges brochure available in January 2019.
This change will be introduced on a phased basis from November 2018 to January 2019
From 15th January 2019, the Same Day Value paper payment option completed via the branch will no longer be available. Instead, the Paylink EURO paper option can be used to avail of a Same Day Value EURO Payment via the branch.
This will be updated in A Guide to Fees and Charges for Personal Accounts brochure available in January 2019.
We have made some amendments to the wording in our forms to assist you in completing them, and have also indicated any mandatory fields with an asterisk.
The updated Paylink and Paylink EURO forms will be available in branches and on www.aib.ie from the 15th January 2019.
Paper Payment advices will no longer be generated for paper Payments made via the branch. If you require a Paper Advice, please contact your branch.
From mid-January 2019, if you make an International Payment via the branch, you will be charged a Paper/Staff Assisted Transaction Fee, as outlined in ’A Guide to Fees and Charges for Personal Accounts’ brochure available on www.aib.ie. While we may not have applied the full charge to your account in the past, we will do from mid-January 2019.
For payments to ...
Australia
Canada
India
New Zealand
South Africa
UK
USA
… you must use the Receiver Bank Code of the person you are paying, from 31 January.
A ‘Receiver Bank Code’ is specific to the country. You can get this code from your payee.
For example, if you make a payment to the UK, the NSC (National Sort Code) is the ‘bank code’ and you need it to make the payment on Internet Banking.
For more information click here.
From 1st April 2019, if you make a payment to a non SEPA reachable bank that is not part of the SEPA scheme, you will be charged the Paylink EURO Urgent paper fee of €25.00 as outlined in ’Schedule of International Transaction Charges’ brochure available on www.aib.ie.
This is an existing Payment fee and while we may not have applied the full charge to your account in the past, we will do from 1st April 2019.
However, this payment can be completed online at a reduced fee of €12.70.
As a result of the above changes, the following Brochures will be amended in January 2019. The current versions are available below.
