The voice of banking and payments in Ireland
Housing activity recovers strongly but faces cost and affordability headwinds Rising cost pressures could exacerbate affordability issues Thursday 10th June 2021 – The latest Housing Market Monitor Q1 2021 published today by Banking & Payments Federation Ireland (BPFI) shows that housing activity recovered strongly in early 2021 despite public health measures that shut down much […]
BPFI were delighted to welcome the European Banking Authority (EBA) to discuss its sustainable finance mandate at two recent webinars. The two separate BPFI webinars saw Pilar Gutierrez, Senior Policy Expert with the EBA presenting members with a comprehensive look at ESG disclosures obligations that impact on financial institutions and Fabien Le Tenier, Policy Expert […]
BIC Derivation Rules for Ireland BIC Derivation – ‘IBAN only’ rule From 1 February 2016, an ‘IBAN only’ rule will come into effect. Bank customers will only be required to provide an IBAN (not the BIC) for the purpose of making a payment (credit transfer/direct debit) and banks will be required to derive the payer/payee’s […]
From 1 February 2016, an ‘IBAN only’ rule will come into effect. Bank customers will only be required to provide an IBAN (not the BIC) for the purpose of making a payment (credit transfer/direct debit) and banks will be required to derive the payer/payee’s BIC from the IBAN.Payment Service Providers (PSPs) will continue to indicate […]
BusinessEducation.ie Supporting Irish Leaving Certificate Students Exam Q&A In this section we cover key topics from Leaving Cert Business and Economics to help you achieve the best at your exam. Topics are introduced and supported by professionally worked out questions and answers. In addition, sample questions are provided in the form of student activities to […]
BPFI-member banks have produced much information for customers on the implications of the UK’s decision, regarding Brexit. Drawing from these resources, we have compiled this FAQ as a high-level guide for consumers. Personal Banking Q. Will my existing loan or mortgage with a lender here in Ireland be affected? A. No, Brexit will have no […]
BIC & IBAN Information Since 1 January 2007, BIC (Business Identifier Code) and IBAN (International Bank Account Number), are the only beneficiary customer account identifier and bank routing designation accepted by banks in the EU/EEA area for all intra-EU/EEA euro cross-border credit transfers. This website provides a BIC & IBAN mobile app conversion service for […]
Irish Payments Council The Irish Payments Council (IPC) is the strategic, representative, administrative and payments system integrity body for the payments industry in Ireland. The Irish Payments Council has three core objectives: Develop and lead a strategic vision for payments in Ireland for the good of all Stakeholders; Ensure payment systems and schemes are open, […]
Consumers make close on 1 million contactless payments per day in 2018 Irish enterprises record the highest percentage of online sales in the EU Consumer preferences for contactless credit and debit card payments, as well as for digital banking payments, are very evident from the latest BPFI Payments Monitor pubished today by Banking & Payments […]
