AIB Direct Debits & Standing Orders

Automatic payments make your life a little easier.

Direct Debits are a simple way to pay regular bills automatically from your bank account. Payments can be for varying or fixed amounts.

Key Information 

Benefits:

• If an organisation accepts direct debits, you can set them up quickly by contacting the organisation directly.

• Direct debits also give you security against unauthorised debits being taken from your account.

What is a Direct Debit?

A direct debit lets you authorise an organisation to collect payments directly from your account.

Once you have authorised an organisation to collect payments, your bank transfers payments to them on the dates agreed between you and them. The amount can vary depending on the bill.

AIB Direct Debits

• Direct Debits are ideal for paying bills that change from month to month, such as gas, electricity or credit card payments.

• To set up a direct debit, just give your bank account details to the organisation you’re paying. They will arrange the direct debit for you.

• All direct debits operate under the Single Euro Payments Area (SEPA) scheme rules.

• When you agree to a direct debit, you enter into an agreement called a mandate with the organisation.  Mandates can be paper, online or sometimes over the phone.

• If the organisation is based outside Ireland, they may ask you to sign a paper mandate.

• You can cancel a direct debit through:

  • AIB Internet Banking
  • AIB Mobile Banking
  • Any AIB Branch during opening hours (in writing); you’ll need the Direct Debit name, reference number and amount

• While we will cancel your direct debit, you are responsible for telling the organisation and arranging an alternative payment method if needed.

Direct Debit Restrictions

You can also put restrictions on direct debits on your account.

To set up a restriction, just complete the direct debit SEPA Restriction SEPA Restriction Application Form (PDF, 2 pages, 224.5KB) and submit it to your local branch.

You can:

• Set an amount restriction – payments above this amount will be rejected.

• Set a date restriction – payments will only be paid during a specific time period.

• Add an Originator to a Blacklist – all direct debits from that organisation will be rejected.

• Add an Originator to Whitelist – only direct debit payments from that organisation will be accepted and any other organisation will be rejected.

Watch videos on how to cancel a Direct Debit.

What is a Standing Order?

With a standing order you can set up regular payments, of a fixed amount, from your account to another account.

AIB Standing Orders

• Standard Standing orders are ideal for regular payments of the same amount from your account to any account in a financial institution operating under SEPA rules.

• Instant standing orders may not be acceptable for paying certain account types such as loans or mortgages for example.

• You decide the amount and the payment date.

• You can set up, amend or cancel a standing order free of charge through.

  • AIB Internet Banking
  • AIB Banking Kiosks 

You can change or cancel them using the AIB Mobile app.

You can also request changes through your branch – but a fee will apply.

• As with direct debits, it can help to schedule standing order payments just after your payday or ensure you have enough money in the account before payments are taken, to avoid unpaid charges.

Find out more about standing orders.

Watch videos on how to set up a Standing Order.