SEPA and Direct Debit Payments

The Single Euro Payments Area (SEPA) is an EU initiative designed to change the way electronic payments are processed in the EU. This means that making a payment in any SEPA zone country will be no different to making a payment in Ireland.

Previously, direct debits worked by using bank account numbers and sort codes. With SEPA, these are replaced by International Bank Account Number (IBANs) and Bank Identifier Codes (BICs).

Existing Direct Debit Customers

For existing direct debit customers there is no change. As of 26th October 2017, we will automatically update your details on You will not be charged for this. We automatically update payment details from the old format to the new SEPA format.

New or Updating Direct Debit Customers

For new eFlow customers, or those updating their direct debit payment method, you will need your BIC and IBAN to set up a direct debit with eFlow. You will get these numbers from your bank statements or you can go to the Banking and Payments Federation Ireland to help you generate the details you require.