How long does it take to send money online?

This depends on where you are, and where you’re sending money to. Transferring money between your own accounts happens instantly. If you’re sending money within the SEPA zone, you now have two options: SEPA Instant payments, which transfer funds in euro to a payments account within 10 seconds, any time, any day including weekends and bank holidays, or SEPA Standard payments, which can take between one and two business days to reach the payee’s payment service provider or bank. Internal transfers within Northern Ireland and Great Britain also take one working day. Cut-off times may apply, which we explain below. When we use the term working day, this excludes Saturdays, Sundays, and bank holidays.

Sending money: rules and cut-off times

SEPA Instant (EUR) payments

SEPA Instant payments made via 365 mobile or 365 online are processed immediately (within 10 seconds) any time, any day, including weekends and bank holidays.

Note: SEPA Instant payments cannot be sent from or received into non-payment account types including loan, mortgage, credit card accounts, certain deposit accounts and global market accounts.

SEPA Standard (EUR) payments

Money can be sent to a SEPA zone (see list below) payee’s account within one working day provided:

• You make the payment before these cut-off times:
  • 2.30pm in the Republic of Ireland
  • 4.30pm in Northern Ireland and Great Britain
• Payment is made between Monday and Friday, excluding bank holidays
• The payment is covered by the Payment Services Regulations (PSR).

UK domestic payee (GBP) payments

Money can be sent within Northern Ireland and Great Britain to a UK domestic payee’s account within one working day provided:

• You make the payment before 4.30pm in NI/GB
• Payment is made between Monday and Friday, excluding bank holidays.

Bill payments

Bills can be paid through the bill payment feature within one working day, provided you make the payment before these cut-off times:

• 3.30pm in the Republic of Ireland
• 4.30pm in Northern Ireland and Great Britain

International payees

It is not possible to make payments within one working day to all countries. However, money can be sent to payee accounts in certain other countries/currencies within one working day provided:

• It is an eligible country/currency See country/currency list
• You make the payment before these cut-off times:
  • 3.30pm in the Republic of Ireland
  • 4.30pm in Northern Ireland and Great Britain
• Payment is made between Monday and Friday, excluding bank holidays.

Payments made later than any cut-off times mentioned above will be processed on the next working day.

Countries in the SEPA zone

Member states that comprise the SEPA Zone include the 27 EU member states, the three European Economic Area member states (Iceland, Liechtenstein and Norway) as well as some non-EEA countries (Andorra, Albania, Monaco, Montenegro, Moldova, North Macedonia, San Marino, Switzerland, UK and Vatican City).

It also includes a number of territories such as Saint-Pierre-et-Miquelon, Guernsey, Jersey, and the Isle of Man.