Problems with Bank Payments Today

There was a delay in some bank payments being processed for Irish banks this morning (Oct 2nd). The issue is apparently affecting all the banks.
The Banking and Payments Federation issued a ststement on behalf of it’s member banks – which  said

due to an overnight issue in the European payments infrastructure, some customers have unfortunately not yet received payments to their accounts today.

This situation is being actively managed at a European level and BPFI has been in close contact with all the relevant banks. We have been informed that payments processing has recommenced and all customers will receive payments to their accounts in the course of the day.”

Earlier today PTSB said : “Due to a European payments delay, payment transactions between banks have not been received this morning. This means that any payment due to transfer to your account from another bank this morning has been delayed.

But at 12:35 PTSB  said “The European payments issue has now been resolved. This means that any payment due to transfer to your account from another bank today has been processed. You should expect to see the payment now credited to your account. We wish to apologise for any inconvenience caused.”

So – it looks like the issue should soon be sorted out for all the banks .


AIB said this morning that “We have been advised that there is a delay with incoming credit transfers from the European Payments system. We apologise for the inconvenience that this may cause and can confirm that no customers will be adversely impacted.”

Ulster Bank :  Informed customers on Twitter  “We are aware that there is an Industry wide Payments issue that has delayed credits being applied to Irish Banks customers accounts. This is a European Wide Payment Delay, investigations are ongoing to be able to apply these credits to customers accounts as soon as possible.  We apologise for any inconvenience caused and will ensure no customer is left out pocket.”

AIB  also posted on Twitter that “We have been advised that there is a delay with incoming credit transfers from the European Payments system. We apologise for the inconvenience that this may cause and can confirm that no customers will be adversely impacted.”


If you incur any costs such as overdraft fees or missed payments fees because of this delayed payment – your bank should refund you.


 

Delayed Welfare Payments

The Department of Employment Affairs and Social Protection siad the problem was affecting some social welfare payments due to be paid into customer bank accounts this morning.    The Department confirmed that it had processed all its payments as usual.  “Officials from the Department have been in contact with the main banks this morning and we understand that they are working to resolve this widespread payments issue as quickly as possible.”

 

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