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SEPA (Bank Of Ireland)

dewsbury · 2013-06-27 08:43:23

(Am I in the right forum??) I am preparing a medium sized company for SEPA transition. I just had a conversation with Bank of Ireland. Apparently, they are NOT ready to accept BICs/IBAN's at all. They will not be ready until November or December. Can anyone confirm this? Are they really that un-prepared for SEPA?

27-06-2013 8:43am

#1
dewsbury

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(Am I in the right forum??)

I am preparing a medium sized company for SEPA transition.

I just had a conversation with Bank of Ireland.

Apparently, they are NOT ready to accept BICs/IBAN's at all.

They will not be ready until November or December.

Can anyone confirm this?
Are they really that un-prepared for SEPA?

Tagged:

sepa

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Comments

#2 27-06-2013 8:45am

Nuttzz

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Yeah, though I was told September/october, not good if the time scale is slipping.

Business on line wont be able to handle sepa payments they are developing a separate portal to do that

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#3 27-06-2013 8:49am

amber2

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Why don't you post your question on the Bank of Ireland Forum & get the information from a verified representative on there. Nothing would surprise me if they weren't prepared & sur it will cost you more the fact that they aren't prepared.

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#4 27-06-2013 9:37am

dewsbury

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Thanks for responses.

I am unfamiliar with the Bank of Ireland forum within boards.

How do I post there??

Thanks,

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#5 27-06-2013 9:39am

amber2

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http://www.boards.ie/ttforum/1522

Not too sure if this will link properly from my phone but here goes. If not its in the "talk to" section.

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#6 27-06-2013 9:44am

RangeR

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I'm really not that surprised at all.

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#7 27-06-2013 10:31am

statss

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what does your average small company need to do to prepare for SEPA? We are BOI too.

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#8 27-06-2013 10:38am

RangeR

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statss wrote: »

what does your average small company need to do to prepare for SEPA? We are BOI too.

Do you currently accept Direct Debits from your customers?

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#9 27-06-2013 11:12am

statss

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RangeR wrote: »

Do you currently accept Direct Debits from your customers?

No, we don't allow this. EFT or cheque only.

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#10 27-06-2013 11:20am

RangeR

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statss wrote: »

No, we don't allow this. EFT or cheque only.

You don't really have to do anything then.

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#11 27-06-2013 12:54pm

statss

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RangeR wrote: »

You don't really have to do anything then.

cool, thanks

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