Is there a law that an Irish employer needs to pay to any account

Asmooh wrote: »

I want to know who has access to my transaction history except me and the bank.
Who can request information about me, when and what I used my card for.
What goverments can just request anything they want without a court order and the bank will just apply with it.


All those things.

Similar to almost any other Western European country. There are fairly significant safeguards in place under banking regulations and data protection law.

However, the Revenue Commissioners can access them as part of an investigation and very large lodgements / deposits are notified by the bank to revenue.

There's nothing particularly lacking or unusual about Irish data protection or anti money laundering laws.

Are you trying to launder money or take large payments for income you're not declaring? something!!??

That would quite likely be caught by Dutch and Irish authorities anyway. Similar rules apply in all EU countries and they've been enhanced due to concerns about finding terrorism in recent months.

Unless you're up to something very dodgy with your finances, you really haven't anything to worry about.

You can also be sure the SEPA system is being monitored and tapped into by various international security agencies - especially the US, UK, France and so on.

It sounds like your employer is just blissfully unaware that they can pay to any SEPA account with cost or complication. They would have moved their payroll to SEPA and away from the older national system last year but a lot of organisations still haven't quite comprehended that they can use it cost free.

The only current issue is that the national Direct Debit scheme setup is electronic and can be done automatically over the phone or online by Irish account holders where as non Irish accounts need a paper mandate as there's no system for a SEPA version of "Direct Debit Plus" at present.

For credits, they just need an account number.

Where they might have concerns is around your state of residence for calculating your income tax. Although, that is deducted at source if you're paying PAYE. It isn't really their problem as long as you've Irish tax credits setup.

Bear in mind that if you've an Irish income paid to a Dutch account and you're still officially resident in NL, it's the Dutch tax authorities who will be interested, not the Irish ones.

There's a double taxation agreement but where Irish income tax is lower, you'd be potentially required to file a return and pay the difference to NL.

Kristopherus wrote: »

Use Permanent TSB or Ulster Bank. No fees for personal account holders.

Yeah you've also got KBC and also Wirecard bank of you're not bothered about cash transactions.

I work in finance/payroll, and with our accounting system, we prepare a bulk payments file for monthly payroll which is uploaded onto our online banking system for approval. This can only be done for payments to Irish bank accounts - any payments to other countries need to be uploaded and approved separately.

Which isn't a particularly massive deal, but it's still hassle, and it complicates the audit trail. Plus of course there's additional charges involved.

Asmooh wrote: »

So there is something wrong with the payroll system?

Sure, as per most pan-EU things it takes years for people to realise they actually work and they're implemented in a half-arsed way.

France and Belgium for example didn't really bother to implement the 112 emergency number for example.

I've had UK call centres asking me if I was using "Irish Euros" or "French Euros" because there were two different prices and they actually thought they were different currencies, rather than that they were just shafting us.