• About
    • About
    • FAQ
    • eAGM Signup
  • Membership
    • Membership
    • Educational Scholarship
  • Loans
    • Loans
    • Apply Now
  • Services
    • Services
    • Savings
    • Insurance
    • Managing Your Money
    • Online Banking
    • Mobile App
    • Online Share Withdrawal Form
  • News
  • Contact Us
  • Register
  • Login
  • Home
  • News
  • Sepa Payments
Sepa Payments

19 February 2021

Sepa Payments

Drumshanbo Credit Union is registered for SEPA payments only.

If as a member you wish to transfer funds into your account, then the payment should be made as a SEPA payment only. If you are aware that a third party is making a payment into your account, it is advisable that they tell their financial institution that the payment should be made via SEPA. If a payment is sent in any other way, for example by SWIFT, the payment will be rejected by our processing Bank and the Payer may incur a rejection charge that he/she may be liable for.

What is a SEPA payment?

SEPA stands for Single Euro Payments Area. A SEPA payment is sent through the SEPA Scheme. The SEPA payment scheme was created to simplify euro transfers between EU member states.

The SEPA scheme consists of the 27 EU Member States plus Iceland, Norway, Liechtenstein, Switzerland, Monaco, the United Kingdom and San Marino.

To make a SEPA payment you need:

1. The IBAN of the person you want to pay

2. The bank to which you are sending the payment to be a member of the SEPA scheme

3. The payment to be in euro

Please note: Drumshanbo Credit Union is unable to accept SWIFT payments. You may incur charges if you attempt to send money to your account in Drumshanbo Credit Union via SWIFT.

Back to News Share
Sepa Payments

Related Articles

Provident Financial withdrawing from Irish Market
18 May 2021

Provident Financial withdrawing from Irish Market

Following the announcement that Provident Financial, the largest m...

Read More
Important Member Notice – Savings Cap changes
16 Apr 2021

Important Member Notice – Savings Cap changes

Drumshanbo CU wishes to advise members of the following new saving...

Read More
Join us on Tuesday, 30th March 2021 at 8pm for our Virtual AGM
26 Mar 2021

Join us on Tuesday, 30th March 2021 at 8pm for our Virtual AGM

This year’s Annual General Meeting will be an online meeting on ZO...

Read More
Notice to Members
02 Mar 2021

Notice to Members

As you are aware, our AGM would normally have taken place before n...

Read More
Back to News

Drumshanbo Credit Union

Address:
The Square, Drumshanbo, Co. Leitrim, Ireland, N41 NF40
Tel:
071 9641727
Email:
info@drumshanbocu.ie
Web:
https://www.drumshanbocu.ie/
Latitude:
54.047802929994404
Longitude:
-8.04045311583453
We're Open:
Tuesday 11:00 - 17:00
Thursday 09:00 - 14:00
Friday 11:00 - 18:00

  • Like us on Facebook
  • Find Us on Twitter
Beware of Fraud
www.fraudsmart.ie

Drumshanbo Credit Union Ltd is Regulated by the Central Bank of Ireland. Reg No. 380CU

  • Help
  • T&C
  • Cookie Notice
  • Privacy Policy
Cookie Notice