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“May Day” 1st May EFT Transfers

(May Day) 1st May 2024 Wednesday May 1st 2024 is a Bank Holiday in many EU countries, but not in Ireland. This means that the official European Euro settlement mechanisms are closed on this day. Any SEPA EFT transfer initiated via cuOnline after 12 noon on Tuesday April 30th will not reach its destination account […]

26/04/2024 by
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General Data Protection Regulation – Know your rights

One of the biggest changes to Irish Data Privacy Law comes into effect on 25th May 2018. On that date, the General Data Protection Regulation (GDPR) will be introduced, to strengthen data GDPR increases and reinforces the rights of individuals in relation to the information we hold about them. Being transparent and providing accessible information […]

24/05/2018 by
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European Payment Services Regulations 2018

European Communities Payment Services Regulations 2018 The first Payment Services  Directive (EU) 2007/64/EC (PSD1), which came into force in 2009, established common rules for certain types of electronic payments, such as credit transfers, direct debits, card payments, and mobile and online payments.  Directive 2015/2366/EU on payment services (PSD2) updates and complements the rules set out in […]

27/04/2018 by