Questions & Answers
General
- What is SEPA?
- What are SEPA Instant Payments?
- What is the difference between a SEPA payment and a SEPA Instant payment?
- When will I be able to make a SEPA instant payment?
- Can I make a SEPA instant payment in a branch?
- Can I make a SEPA instant payment on a non-business day?
- Are there additional fees for sending SEPA Instant payments?
- Which AIB accounts can I use to send and receive SEPA instant payments?
- Why are you changing my terms and conditions?
- Where can I see the new terms and conditions?
- What if I don't want to accept the changes to the terms and conditions?
Limits
- What is a SEPA instant payment limit?
- Do I have to set up a SEPA Instant payment limit?
- Are there other limits that might apply to SEPA instant payments?
Verification of Payee
- What is Verification of Payee (VoP)?
- When will Verification of Payee (VoP) be available?
- Is Verification of Payee (VoP) used for instant payments only?
- What will Verification of Payee (VoP) apply to?
- How does Verification of Payee (VoP) work?
- What does "Match" mean?
- What does "Details do not Match" mean?
- What does "Close Match" mean?
- What does "Match not Possible" mean?
- Will VoP slow down the payment?
- Do Bulk Payments use VoP?
- What countries are impacted by this change?
- What currencies are covered by SEPA?
- Do I need to sign up or do anything additional to receive Incoming SEPA Instant Credit Transfers?
- What are the changes to the terms and conditions?
- Can I make an outgoing SEPA Instant Credit Transfer with AIB?
- Are there additional fees for receiving SEPA Instant Credit Transfers?
- How do I identify when a SEPA Instant Credit Transfer has been received to my Payment Account?
- Will I receive credit value and interest on a non-Business Day?
- Where can I see the Credit Value Date for a SEPA Instant Credit Transfer received to my Payment Account?