What is a payee?

A payee is the receiver of a payment. There are a number of payee types on 365 Online:

  • SEPA Payee

    You can use a SEPA Payee to transfer Euro to a person or company within the SEPA Zone (SEPA Countries).

    Who can use it?

    It is available to Republic of Ireland customers only

    How to set up a SEPA payee

  • UK Domestic Payee

    You can use a UK Domestic Payee to transfer sterling (GBP) to a person or company within the UK.

    Who can use it?

    This payee type is available to UK customers only

    How to set up a UK Domestic Payee

  • Bill Payee

    Bill payees are a list of BOI products, utility or financial companies which are available prefilled on 365 Online and Mobile App e.g. BOI credit cards, Electric Ireland, and Virgin etc You only need to fill in the Bill Reference and a description when you are setting up Bill Payee

    How to set up a Bill payee

    Who can use it?

    This payee type is available to both Republic of Ireland and UK customers

    If your Bill is not listed you can set up a SEPA Payee, UK Domestic or International Payee

  • International Payee

    You can use an International Payee to send your own or a foreign currency to a different country such as

    1. Euro transfers to non-SEPA zone countries for example: Euro to China
    2. Foreign currency payments for example: US Dollars to the USA

    Who can use it?

    Republic of Ireland customers using 365 Online Mobile or Tablet Banking App

    UK customers using 365 Online only

 

You must register the payee account details using 365 online, the Mobile Banking app, or the Tablet Banking app before you can make payments or transfer money.

Last updated: July 30, 2019

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