Sfp

lab man · 12-10-2020 9:59am #1

Any idea when the single farm payment be coming in lads

alps · 12-10-2020 10:30am

70% by friday next..

Agreement also I believe that applications with queries will also have high percentage paid out with just a small.amount withheld until queries cleared up.

12-10-2020 12:01pm

They're only starting payments on Friday I thought?

jntsnk · 12-10-2020 1:30pm

Friday

blue5000 · 12-10-2020 4:07pm

Nothing showing up in financial services in agfood for me anyway. It could be Friday week before we have access to it. PPL with boi might get it sooner.

Getting text messages about bvd samples due, I hardly have the price of a stamp, never mind the sample cost in the c/a. Locked up with a TB doubtful now as well, rant over........ for now.

Buford T. Justice XIX · 12-10-2020 4:37pm

blue5000 wrote: »

Nothing showing up in financial services in agfood for me anyway. It could be Friday week before we have access to it. PPL with boi might get it sooner.

Getting text messages about bvd samples due, I hardly have the price of a stamp, never mind the sample cost in the c/a. Locked up with a TB doubtful now as well, rant over........ for now.

Mine not showing on Agfood either so I rang after lunch and was told there was nothing stopping payment next Friday, no queries or inspections showing up as due.

Tbh, I'll believe that when I see the money stop for a few minutes in my account, it seems like every year there's an issue with something like dual applications on a parcel or waiting for mapping to be digitised.

blue5000 · 13-10-2020 11:43am

Any news today folks? There's a 5 star cow here that's jumping the pigtail wires, I might have to cash her tags in:mad:.

whelan2 · 13-10-2020 2:04pm

blue5000 wrote: »

Any news today folks? There's a 5 star cow here that's jumping the pigtail wires, I might have to cash her tags in:mad:.

Nothing yet......

13-10-2020 6:39pm

Not much point ringing them in my expierence, they can tell you several lines of sh1t that don't turn out to be true. Got 3 different tales from them one year why I was delayed payment, in the end there was no issue at all.

RightTurnClyde · 14-10-2020 10:46am

Anyone get a lodgement to their bamk account today. Is it last years balancing payment. Dont think it's the SFP itself as it's about 4% of what it should be 😳😳

hopeso · 14-10-2020 2:12pm

RightTurnClyde wrote: »

Anyone get a lodgement to their bamk account today. Is it last years balancing payment. Dont think it's the SFP itself as it's about 4% of what it should be 😳😳

You'll get a letter in a day or two stating what it is.
I don't think I got anything anyway, as they usually send a text...

RightTurnClyde · 14-10-2020 3:11pm

hopeso wrote: »

You'll get a letter in a day or two stating what it is.
I don't think I got anything anyway, as they usually send a text...

Problem solved. It's the "2019 Discipline Refund". Got a letter in the post later in the say

endainoz · 14-10-2020 3:43pm

No sign on agfood yet, just got a text about bdgp to say be careful not to sell any four or five star heifers until 31st of this month in case I don't have enough in herd. Funnily enough I have two highly rated heifers that didn't go into calf for whatever reason so will have to hold onto them for another few weeks yet.

Sugarbowl · 15-10-2020 9:30pm

No money showing on agfood here yet. Anyone have it appearing on their account?

whelan2 · 15-10-2020 9:40pm

Sugarbowl wrote: »

No money showing on agfood here yet. Anyone have it appearing on their account?

Hopefully it will show tomorrow. They said can be paid from 16th October. Would take a few days to get to account

tellmeabit · 15-10-2020 10:46pm

Nothing showing here either...&#55357;&#56900;&#55357;&#56887;

15-10-2020 10:57pm

Eamon Ryan has it all confiscated for the new wolf introduction budget

sonnybill · 16-10-2020 6:55am

Anyone got it ? I might have transferred entitlements issue so I’m not seeing it in “amounts due”

djmc · 16-10-2020 7:01am

no nothing yet

whelan2 · 16-10-2020 7:49am

Nope.

Box09 · 16-10-2020 8:07am

Nothing in amount due here

tellmeabit · 16-10-2020 8:21am

Nada

Hard Knocks · 16-10-2020 8:45am

Box09 wrote: »

Nothing in amount due here

Same as that
Was a little nervous it was only me

whelan2 · 16-10-2020 9:13am

It's not as if it's badly needed or anything :cool:

Earnshaw · 16-10-2020 9:41am

blue5000 wrote: »

It could be Friday week before we have access to it. PPL with boi might get it sooner.

What's the theory behind receiving it sooner with BOI?

jntsnk · 16-10-2020 9:51am

The dept boys don’t start till 10 in the morning so they won’t push the red button until then .

whelan2 · 16-10-2020 9:54am

Milk cheque came in , so pressure off here

16-10-2020 10:22am

whelan2 wrote: »

It's not as if it's badly needed or anything :cool:

Live horse and you'll eat.

J.O. Farmer · 16-10-2020 10:25am

Earnshaw wrote: »

What's the theory behind receiving it sooner with BOI?

Probably that the department bank with BOI.
It might have been the case one time but now with SEPA payments and electronic transfers it should be in the account of any bank next working day after transferring.

In my experience any time I've done a transfer to a different bank it's there the next day even when the transfer was done late in the evening after banks closed.

Cheques on the other hand leave my account as soon as cashed but when I lodge one it takes about a week to clear.

blue5000 · 16-10-2020 10:38am

Earnshaw wrote: »

What's the theory behind receiving it sooner with BOI?

What's a day's interest on half a billion? The last few years it was showing up as paid on agfood but didn't appear in aib farmers' accounts until a week later. But it did show up in boi accounts a bit quicker. Where was it hiding for the week?

Maybe this year agfood and the banks are a bit smarter, so agfood might have paid it already, but won't show us that it's paid until it appears in our bank accounts. As J O says the dept might bank with boi. I said half a billion because I reckon that's a ballpark guestimate of the bps that is paid through aib.

Earnshaw · 16-10-2020 10:50am

blue5000 wrote: »

What's a day's interest on half a billion? The last few years it was showing up as paid on agfood but didn't appear in aib farmers' accounts until a week later. But it did show up in boi accounts a bit quicker. Where was it hiding for the week?

Hmmm, was thinking of switching from BOI due to their ever increasing fees.

There are some good alternatives for business bank accounts - the only issue is that a cheque book is not provided and this is still needed in farming (unfortunately)....

16-10-2020 10:58am

Earnshaw wrote: »

Hmmm, was thinking of switching from BOI due to their ever increasing fees.

There are some good alternatives for business bank accounts - the only issue is that a cheque book is not provided and this is still needed in farming (unfortunately)....

I've never needed a chequebook, cash or card and get a receipt.

Kickstart1.3 · 16-10-2020 12:57pm

Earnshaw wrote: »

Hmmm, was thinking of switching from BOI due to their ever increasing fees.

There are some good alternatives for business bank accounts - the only issue is that a cheque book is not provided and this is still needed in farming (unfortunately)....

What makes you think that any other bank will be any cheaper. AIB and PTSB ditched the free banking too.
BOI have been cost cutting, and laying off staff for the last few years. If they need to charge then that's the reality of modern banking. I can see the charges getting worse, in the future you'll have to pay for a deposit account too.

emaherx · 16-10-2020 1:04pm

whelan2 wrote: »

Milk cheque came in , so pressure off here

Ah good, when the SFP comes in you can spend it all on shoes

16-10-2020 1:18pm

https://www.agriland.ie/farming-news/e781-million-in-bps-advance-payments-commence/

No text got so I guess checking my account will be a waste of time.

(But you can bet I'll check it anyway...)

whelan2 · 16-10-2020 1:26pm

emaherx wrote: »

Ah good, when the SFP comes in you can spend it all on shoes

Yup, I have one pair of runners I bought last year and a pair of wellies.

hopeso · 16-10-2020 1:32pm

blue5000 wrote: »

What's a day's interest on half a billion? The last few years it was showing up as paid on agfood but didn't appear in aib farmers' accounts until a week later. But it did show up in boi accounts a bit quicker. Where was it hiding for the week?

Maybe this year agfood and the banks are a bit smarter, so agfood might have paid it already, but won't show us that it's paid until it appears in our bank accounts. As J O says the dept might bank with boi. I said half a billion because I reckon that's a ballpark guestimate of the bps that is paid through aib.

https://media1.tenor.com/images/0f03d25b5d54a87cab1cbbf37d892099/tenor.gif?itemid=11784167

Earnshaw · 16-10-2020 2:05pm

Kickstart1.3 wrote: »

What makes you think that any other bank will be any cheaper. AIB and PTSB ditched the free banking too.
BOI have been cost cutting, and laying off staff for the last few years. If they need to charge then that's the reality of modern banking. I can see the charges getting worse, in the future you'll have to pay for a deposit account too.

Any of the fintech banks are cheaper - revolut, N26.

Mooooo · 16-10-2020 2:35pm

Kickstart1.3 wrote: »

What makes you think that any other bank will be any cheaper. AIB and PTSB ditched the free banking too.
BOI have been cost cutting, and laying off staff for the last few years. If they need to charge then that's the reality of modern banking. I can see the charges getting worse, in the future you'll have to pay for a deposit account too.

They are making massive margins on existing loans along with writing off profits against losses from the crash. They are all using the times to reduce staff costs but it's a lack of competition is a major issue in the Irish market

Kickstart1.3 · 16-10-2020 3:20pm

Earnshaw wrote: »

Any of the fintech banks are cheaper - revolut, N26.

I'd like my job trying to get any leeway with them. You do know customer service is non-existent and what they are offering is nothing more than a pre-paid debit card of sorts. At the end of the day they are still governed by Banking regulations so they will have to start passing on costs sooner or later

Earnshaw · 16-10-2020 3:38pm

Kickstart1.3 wrote: »

I'd like my job trying to get any leeway with them. You do know customer service is non-existent and what they are offering is nothing more than a pre-paid debit card of sorts. At the end of the day they are still governed by Banking regulations so they will have to start passing on costs sooner or later

BOI's system is messier, hence the need to contact their helpdesk. From experience you don't have as much reason to interact with customer service with a fintech bank.

Kickstart1.3 · 16-10-2020 3:50pm

I'm gonna steer clear.
Work away yourself.

Young95 · 16-10-2020 3:52pm

No payment yet ? Anyone here paid yet ?

penelope2012 · 16-10-2020 3:55pm

Just wish it would come in I was banking on it being in my account today but nothing yet.

emaherx wrote: »

Ah good, when the SFP comes in you can spend it all on shoes

Farmer Dan · 16-10-2020 4:11pm

penelope2012 wrote: »

Just wish it would come in I was banking on it being in my account today but nothing yet.

Its showing for me there now under the Direct payments - farm details - Applications & payments section.

Not showing under Financial Self-Services.

bonaparte2 · 16-10-2020 4:19pm

Yes. Showing for me too

893bet · 16-10-2020 4:53pm

Showing in mine also!

whelan2 · 16-10-2020 5:28pm

Showing here too

emaherx · 16-10-2020 5:43pm

Mine is showing too, the people I owe it to will be delighted

penelope2012 · 16-10-2020 7:05pm

Yes showing as processed 16/10/20 under DPS Payments for 2020. Thanks for that, expecting to show in my AIB account someday next week now.

Young95 · 16-10-2020 7:19pm

What’s with the withheld bit on the invoice? Is that the 30% that gets paid at a later date ?

Sfp

Comments