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Incorrect details with employer.

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  • 22-02-2020 1:28am
    #1
    Qrt
    Registered Users Posts: 1,638 ✭✭✭


    Hi,

    I’ve started a new job and when giving my BOI details to the employer, I think the wrong digits may have been given. The business is also with BOI, so does BOI match account numbers with account names when processing payments? Additionally, are there any checksum digits within BOI bank account numbers to prevent my wages being paid to a total stranger?

    Thanks.


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    #2
    Bank of Ireland: Aisling
    Closed Accounts Posts: 487 ✭✭Bank of Ireland: Aisling


    Hi Qrt,

    Thanks for getting in touch with us here on Boards.

    To ensure a transfer is made to the correct bank account it would be necessary for the exact and correct IBAN to be used. In this instance, it would be best to get in touch with your employer and give the the correct IBAN as soon as possible so there is no confusion with the transfer.

    If the incorrect IBAN is given and does not exist, the funds will automatically bounce back in to the senders account.

    I hope this helps.

    Thanks, Aisling.


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    #3
    Qrt
    Registered Users Posts: 1,638 ✭✭✭Qrt


    Bank of Ireland: Aisling wrote: »
    Hi Qrt,

    Thanks for getting in touch with us here on Boards.

    To ensure a transfer is made to the correct bank account it would be necessary for the exact and correct IBAN to be used. In this instance, it would be best to get in touch with your employer and give the the correct IBAN as soon as possible so there is no confusion with the transfer.

    If the incorrect IBAN is given and does not exist, the funds will automatically bounce back in to the senders account.

    I hope this helps.

    Thanks, Aisling.

    Thanks, and what if the incorrect IBAN happens to be someone else’s active account?


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    #4
    Bank of Ireland: Richard F
    Closed Accounts Posts: 483 ✭✭Bank of Ireland: Richard F


    Hi Qrt,

    Thanks for getting back to us this morning. 

    If this IBAN happened to be for another customer's account, it would be best to advise your employer of this so they can request a recall of this transfer. 

    Generally, if the IBAN is incorrect, the funds should return to the sending account in 5 working days.

    Many thanks,
    Richard


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