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The Banking and Payments Federation Ireland (BPFI) is the main representative body for the banking and financial services sector in Ireland. The BPFI was formed in 2014 from the merger of the Irish Payment Services Organisation with the Irish Banking Federation (IBF). [1] [2] Its predecessor, the Irish Banking Federation, was founded in 1973 ...
The Irish Payment Services Organisation Limited (IPSO) was established in June 1997. [1] IPSO was a company limited by guarantee owned by its member banks. [2]Its primary objective was to preserve the integrity and security of the bank payment system in Ireland - the systems used for the settlement of physical cheques as well as ATM transfers and debit and credit card purchases.
Bank of Scotland (Ireland) Danske Bank; First Active; ICS Building Society (previously Irish Civil Service Building Society) – investment shares acquired in 1984 by Governor and Company of the Bank of Ireland as well as society savers but ran separately for a period until a legislative change after the 1987 General Election.
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The direct debit system in Ireland was previously operated by the Irish Payment Services Organisation (IPSO) until its integration with the Irish Banking Federation (IBF) in 2014, forming the Banking and Payments Federation Ireland (BPFI). Direct debit instructions can be given in writing, by telephone or online.
He is Chairman of Sightsavers [2] International (Ireland) and is a board member of FOLD Ireland. Farrell was appointed as Head of Group Corporate Communications and Government Relations at Bank of Ireland in May 2013. [3] He retired in March 2019. [4] Farrell was the chief executive of the Irish Banking Federation. [5] He was appointed in ...
Sort codes are the domestic bank codes used to route money transfers between financial institutions in the United Kingdom, and formerly in the Republic of Ireland. They are six-digit hierarchical numerical addresses that specify clearing banks, clearing systems, regions, large financial institutions, groups of financial institutions and ultimately resolve to individual branches.
The Strategic Banking Corporation of Ireland (SBCI) is a public bank that was established in 2015 in the wake of the Irish banking crisis to provide finance for small and medium-sized businesses. At the time it was set up, many of Ireland's main banks were unable or unwilling to provide to businesses.