Standing Orders

Key Features	Standard Standing Order	Instant Standing Order
Account Type	Can be sent to most account types.	Can only be sent to payment accounts for example this may not include mortgage or loan accounts.
Payment Limits	You do not have the option to set a SEPA payment limit.	You have the option to set a SEPA instant payment limit. Please visit SEPA Instant Payments for more information.
Payment Days	Only on business days (Mon–Fri excluding weekends and bank holidays).	Any calendar day.
Speed	Normally arrives on the same business day.	Normally arrives within seconds of processing.
Notification	You can view the outcome of your standing order in your payment logs.	We will notify you immediately by push notification if you have it turned on, or by email or SMS if you have push notifications turned off.
Account Funding	If you have insufficient funds, the standard standing order will not be processed. We’ll try to make the payment again over the next two business days. If there are enough funds when we retry, the payment will be successful. If not, the payment will fail. You can check the status of your standing order in your payment logs.	If you have insufficient funds, the instant standing order will fail. There is no automatic retry functionality for funds.
Insufficient Funds and Automatic Cancellation	A standard standing order will cancel after three consecutive failed payments for insufficient funds. For example, if you have a monthly standing order and it fails each month for three months, it will cancel. An unpaid payment fee may apply where a standard standing order fails for insufficient funds (in line with the published fee guides).	An instant standing order will not cancel after failed payments for insufficient funds. You are immediately notified of each payment outcome. No unpaid fee is applied if an instant standing order fails for insufficient funds. If you wish to cancel your standing order, you can do so on your mobile banking app, internet banking or alternatively visit your local branch.
Rejections	There may be a lower chance of rejection with standard standing orders as these are accepted to most account types.	There may be a higher chance of rejection with instant standing orders. This could be because the payee’s bank may not be reachable for instant payments, or instant standing orders may only be available for certain types of accounts – so they may not be suitable for loan or mortgage accounts. Sometimes, the beneficiary bank may also be temporarily unavailable. If this happens, you will get a notification, and you can check your payment logs for the payment status.

What is an instant standing order?

An instant standing order allows you to set up a payment in Euro, to go on a regular basis (e.g. weekly / fortnightly / monthly).

The instruction can be open-ended or can be for a set number of payments.

An instant standing order can be sent even when the set date is a bank holiday or weekend.

Funds must be available on the date of the payment, or the instant standing order will fail.

Will my instant standing order be processed if it occurs on a weekend?

How quickly will my instant standing order arrive once sent?

Can I update my existing standard standing order to an instant standing order?

Are instant standing orders right for me?

To help you decide if instant standing orders are right for you, please review the below information and check our comparison table:

You must have enough money in your account, on the date you have set, to cover the full value of the instant standing order or the payment will fail.
In addition to funds checks, there are other reasons that may cause an instant standing order to fail, including:
- You may have selected a non payment account, such as loan or mortgage accounts.
- The beneficiary bank is temporarily unavailable.
- Instant standing orders may fail due to routine checks that are necessary to help protect you from potential risks.
Due to the instant nature of instant standing orders, if you send money to the wrong account, it may not be possible to recover your funds.

If you have set daily or transaction limits for instant payments, these will apply to instant standing orders.

What are the timeframes for setting up and amending standing orders?

Standing order set-up/amending times will remain as they currently are today and apply to both standard and instant standing orders.

If you set up a standing order before 20:00 on a business day, your first payment will be sent on the date you have set.

For standard standing orders the date you have set must be a business day.
For instant standing orders the date you have set can be any day - including weekend or bank holiday.

If you set up a standing order after 20:00 on a business day, or on a weekend or bank holiday, please allow at least two business days before your first payment.

To change a standing order, you will need to update it by 20:00 on the business day before it's due to go through.

If you change a standing order after 20:00 on a business day, or on a weekend or bank holiday, please allow an extra business day for the change to be effected.

As a personal customer, how can I set-up or amend the amount of my standing order (instant and standard) if it is over €5000?

How will I know the outcome of a standing order?

For standard standing orders you’ll be able to check the outcome in your payment logs on internet banking or the mobile banking app.

For instant standing orders, if you have push notifications turned on, you will get an immediate alert with the outcome of your instant standing order. If you don’t use push notifications, we’ll send you an email instead. If we don’t have a valid email, we will send an SMS message.

If I do not have enough funds in my account, will my standing order process?

If you do not have enough funds in your account, your standard standing order won’t go through. We’ll try to make the payment again over the next two days. If there are enough funds when we retry, the payment will be successful. If not, the payment will fail.

If you do not have enough funds in your account, your instant standing order will fail. There is no automatic retry functionality.

If I do not have enough funds in my account when will my standing order cancel?

A standard standing order will cancel after three consecutive failed payments for insufficient funds. For example, if you have a monthly standard standing order and it fails each month for three months, it will cancel.

An instant standing order will not cancel after failed payments for insufficient funds. You are immediately notified of each payment outcome.

If you wish to cancel your standing order, you can do so on your mobile app, internet banking or alternatively visit your local branch.

Can I set up a standing order on my mobile banking app?

Are there any fees or charges for using instant standing orders?

Yes, fees apply to instant standing orders and are the same as those for standard standing orders.

However, we will not charge you for any unpaid fees for instant standing orders.

Details on our fees or charges can be found in the following links:

Personal Customers: A guide to Fees and Charges for Personal Current Accounts.

Business Customers: Business fees and charges.

Which AIB accounts can send and receive an instant standing order?

If you have any of the following accounts with us in the Republic of Ireland, you'll be able to send and receive instant standing orders:

Personal Demand Deposit Account
Demand Deposit Account
Online Saver Account
Youth Savings Account
Basic Bank Account
Advantage Account
Student Account
Student Plus Account
Graduate Account
Business Start Up Account
Business Current Account (incl. Young Farmer Account)
Personal Bank Account
Masterplan Account
Junior / Student Saver
AIB (NI) Euro Current Accounts (digital channels only)

What is an instant payment limit?

Instant payment limits, where you choose to set one, apply to instant standing orders only. You can manage your own daily or transaction instant payment limit.

Daily limit:

Daily limit means you can make any number of instant payments in a day, up to the total amount that you have set. For example, a daily instant payment limit of €500 means you can't make instant payments of more than €500 per day.

Transaction limit:

Transaction limit means you can set a limit to the amount you can pay. For example, a transaction limit of €100 means you can't make instant payments of more than €100 per payment.

How can I set an instant payment limit?

You can set an instant daily or transaction payment limit on your mobile app, internet banking, kiosk or in any of our full-service branches.

For mobile/internet banking:
Navigate to Settings > Account Management > SEPA Instant Limits > toggle Daily or Transaction limit > enter a value in the drop down for limit amount.

For kiosk:
Navigate to Settings and Settings > Manage My SEPA Instant Limits > Manage My SEPA Instant Limits Screen > toggle Daily or Transaction limit > enter a value in the text box for limit amount.

For branches:
You can set or change your instant payment limit in any of our full-service branches.

If I have set an instant payment limit, can this affect the set-up of an instant standing order?

Yes, if you have chosen to set an instant payment limit, this can affect the set-up of an instant standing order.

If you have set an instant payment limit, the amount of the instant standing order cannot exceed this limit at the point of set up.

If you want to increase the amount of your instant standing order, you must have a sufficient instant payment limit in place for the total amount of the instant standing order and not just the difference.

If you want to decrease the amount of your instant standing order, this decrease will not impact your instant payment limit.

You should be aware that other instant payments processed that day would impact the instant daily limit. If you have set an instant transaction limit, the instant standing order value must be within this limit.

For more information on instant payment limits, please visit SEPA Instant Payments.

Can standing orders be set up for beneficiaries outside the Republic of Ireland?

Yes, you can set up standing orders to beneficiaries in other countries provided that the receiving bank is within the SEPA zone and within the SEPA scheme and the payment currency is Euro and the beneficiary account is a payment account. You can find a full list of the countries and territories included in the SEPA (Single Euro Payments Area) zone by visiting our website SEPA zone countries and territories.

Does Verification of Payee (VoP) apply to standing orders?

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Standing Orders

Key differences between Standard and Instant Standing Orders

Standing Orders Q&As

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What is a standard SEPA standing order?

What is an instant SEPA standing order?

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Key Differences between Standard and Instant Standing Orders

Standing Orders Q&As

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Personal Customers

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