Christmas & New Year processing arrangements 2018 – Northern Ireland Credit Unions

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Christmas & New Year processing arrangements 2018 – Northern Ireland Credit Unions

*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 December)
  • Faster Payments going out from Credit Union – Monday to Saturday (including all UK and NI Bank Holidays)

In summary:

Green: Full CUSOP operational services on 21st December and from 2nd January

Incoming BACS and Faster Payments credits will be processed as normal

Outgoing Faster Payments credits will be processed as normal 

Amber: Credit Unions may receive incoming files and the CUSOP system will transmit outgoing files if received. There will be no operational support from CUSOP.  

Red: No payment services for the respective payment type highlighted above    

CUSOP will have limited operational support service on 24th, 28th & 31st December (phone: 00353 1 614 6980 or email: info@cusop.ie). CUSOP will be closed for operational support on Northern Ireland Bank Holidays although any files received from Danske Bank or Credit Unions will be processed.

Credit Unions are only obliged to process payments on the days they are open for business.

2018-12-11T12:52:38+00:00 December 11th, 2018|Latest News|Comments Off on Christmas & New Year processing arrangements 2018 – Northern Ireland Credit Unions

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