Your current account offers all the standard features of a traditional account, except for an overdraft facility and a chequebook. It has a BIC (Business Identifier Code) and IBAN (International Bank Account Number).
You can also set up direct debits and credit transfers with your account.
Direct debits
You can set up direct debits for a safe and convenient way to make regular payments, such as insurance or utility bills, from your account.
You can have as many direct debits as you need, and they can be paid from your main account or your savings wallets.
How to organise your direct debits:
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Set up a direct debit by completing a direct debit mandate from the service provider (online or over the phone if those options are available)
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Change the account from which the direct debit is paid by filling out this form (PDF, 587KB) or by giving the service provider your An Post Current Account IBAN
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Cancel a direct debit by contacting the service provider and asking them to stop taking the payment.
Credit transfers
You can arrange to have money paid into and out of your current account, including salary or pension payments. Use this form (PDF, 592KB) to let your employer know your new account details for salary payment.
You can also make and receive payments throughout the Single Euro Payments Area (SEPA), which comprises all 27 European Union member states along with the UK, Iceland, Liechtenstein, Monaco, Norway, San Marino and Switzerland.
Anyone to whom you give your IBAN can pay money into your account by credit transfer in the SEPA zone.
To make a transfer from your account:
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Login to your current account
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Choose ‘Make a Payment’ from ‘Quick Actions’
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Select ‘New Payee’ and enter the payee’s IBAN
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You will get a text message to your mobile phone with an authorisation code
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Enter the code
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Select the amount, date and frequency of the payment