Good afternoon, This year the European Mayday Bank Holiday is on Friday, 1st May. The Republic of Ireland Mayday Bank Holiday is on Monday, 4th May. The European and Republic of Ireland bank holidays will have no impact on UK & NI payment processing, they will operate as normal. The Northern Ireland and UK Mayday [...]
Dear Credit Union, The European Mayday Bank Holiday is on Friday 1st May and the RoI May Bank Holiday is on Monday 4th May this year. As Friday 1st May 2020 is a European bank holiday (although a normal banking day in Ireland), payment files will not be processed by EBA Clearing as the European Payment systems are closed on that [...]
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Please view our Autumn Cusop Focus below: CUSOP Focus Autumn 2019
Please see the below testimonial from Waterford Credit Union on switching to CUSOP from a recent CU Focus article.
Please click on the link below to view/download our Autumn CUSOP Focus: Autumn CUSOP Focus
In summary: Green: Full CUSOP operational services on 21st December and 2nd January. Incoming credits to Credit Unions at 06.00, 08.00, 13.00 & 16.00 Outgoing credits from Credit Unions at 10.00, 13.40 & 16.30 Amber: Credit Unions may receive incoming files and the CUSOP system will transmit outgoing files if received. There will be no [...]
*Note 1: 27th December is a UK Banking Day although it is a Northern Ireland Bank Holiday Note 2: Faster Payments credits coming in to Credit Union – Monday to Friday on UK Banking days (including 27th December) BACS credits coming in to Credit Union – Monday to Friday on UK Banking days (including 27th [...]
Please click on the link below to view/download our Summer CUSOP Focus: Summer CUSOP Focus
During Easter, the European Payment systems will be closed for Good Friday and Easter Monday (March 30th & April 2nd). As a consequence there will be no SEPA processing on these days.