SEPA Payment Processing - European May Day Holiday

Member Notice

This year the annual European May Day Holiday falls on Thursday May 1^st and all banks including the European Central Bank which operates the banking settlement system across Europe, will be closed. While it is a normal working day in Ireland on that day, the European holiday means that electronic payments cannot be made to accounts in Ireland or across Europe.

Members are advised that this means anyone expecting a EURO payment to their account on this date may not receive the payment until Friday 2^nd of May.

Payments usually received on the 1^st of the month should be submitted on Tuesday 29^th of April to reach accounts on Wednesday 30^th of April. Standard payment processing cycles will apply from Friday 2^nd