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Direct Debit From BOI acc to AIB acc

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  • 08-07-2008 4:33pm
    #1
    highgiant1985
    Registered Users Posts: 1,777 ✭✭✭


    Might be a silly question but

    I'm currently with the bank of ireland, my landlord is with AIB. Am I able to set up a direct debit from my account to be paid into his account every month? I have his account number and sort code so should it just be a simple matter of going into my local bank of ireland and setting it up tomorrow?


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    #2
    BuffyBot
    Registered Users Posts: 24,924 ✭✭✭✭BuffyBot


    What you're looking at is a Standing Order, not a Direct Debit.

    Yes, they can set it up - or if you have telephone banking etc you can probably do it that way.


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    #3
    highgiant1985
    Registered Users Posts: 1,777 ✭✭✭highgiant1985


    BuffyBot wrote: »
    What you're looking at is a Standing Order, not a Direct Debit.

    Yes, they can set it up - or if you have telephone banking etc you can probably do it that way.


    ah ok! thanks a million for the help!


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    #4
    Jimbo
    Closed Accounts Posts: 2,379 ✭✭✭Jimbo


    Another option is to pay every month through online banking as it only takes a few minutes and you can do it from home. You have more control that way too


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    #5
    Random
    Closed Accounts Posts: 19,080 ✭✭✭✭Random


    jimbo78 wrote: »
    Another option is to pay every month through online banking as it only takes a few minutes and you can do it from home. You have more control that way too
    A standing order is a fixed amount going to a certain place from a certain place at a certain time each month. How much control do you want?


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    #6
    dotsman
    Registered Users Posts: 3,636 ✭✭✭dotsman


    Take care to specify that the money needs to be in his account at a certain date. I think that it takes about 2 days for BOI to clear the funds and transfer it to AIB. This might mean the money comes out of you account about 3 days before your rent is actually due.


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