Electronic Funds Transfer

Electronic Funds Transfer, or EFT, allows Members to transfer funds electronically between their credit union account and bank account and pay bills. Members can do this by contacting the credit union directly and asking a member of staff to organise this, or do it themselves by using the online facility provided via our website, or Mobile App. To use the online facility Members should first register for online access by clicking the Register link at the top of the screen, or if already registered by clicking on the Login button at the top of the screen. Our Mobile App is available to download for both Android and IOS devices.

Note: Kilcloon Credit Union is registered to process SEPA* payments only. Therefore if you wish to transfer funds into your account the transfer should be made by SEPA payment only. If you are aware that a third party is making a payment into your account, please advise them to ensure they process the payment as a SEPA transaction, if the payment is made by any other means, for example by SWIFT, the payment may be rejected by our processing bank and the payer may incur a rejection fee. Kilcloon Credit Union is unable to accept SWIFT payments.

* SEPA - stands for Single Euro Payments Area and the SEPA Scheme that processes SEPA payments was created to standardise and make more efficient Euro transfers between the 27 EU member states, plus Iceland, Liechtenstein, Monaco, Norway, San Marino, Switzerland and the Untied Kingdom. To make a payment the following is required:

the IBAN of the person you wish to pay;

the bank to which the payment is being sent to be in the SEPA Scheme;

the payment to be in Euros.