System-wide bank issue sees delay in social welfare payments

Customers of a number of banks have not received social welfare payments this morning due to a system-wide banking issue.

The Department of Employment Affairs and Social Protection has said there isan issue affecting some social welfare payments through certain banks.

The issues isaffecting some social welfare payments due to be paid into customer bank accounts this morning.

The Department said it hasprocessed all its payments as usual.

Officials from the Department have been in contact with the main banks and it is understoodthat they are working to resolve thewidespread payments issue as quickly as possible.

The Department said it will continue to monitor the situation and will update customers throughout the day on its website and on social media.

Ulster Bank has said it is aware that some credit transactions have been delayed for some of its Irish customers.

The bank said that investigations are ongoing and it will apply the credits to customers' accounts as soon as possible.

On Twitter it said: "We are aware there is an Industry wide Payments issue that has delayed some credits being applied to ROI Bank customer accounts. Investigations are ongoing to be able to apply these credits to customers accounts as soon as possible."

The bank has said itdoes not have a timescale on when the issue will be resolved but said any charges applied as a knock on effect will be corrected on its end.

Permanent TSB said payment transactions between banks have not been received this morning due to a "European payments delay" resulting in any payment due to transfer to accounts from another bank this being delayed.

The bank said it is monitoring the situation and payments will be processed as soon as received.

AIB said it hasbeen advised that there is a delay with incoming credit transfers from the European Payments system. They apologised to customers said it "can confirm that no customers will be adversely impacted".

Read more news of Dublin on our site.

rte.ie
IRELAND BUSINESS AIB PERMANENT TSB ULSTER_BANK DEPT OF EMPLOYMENT AFFAIRS & SOCIAL_PROTECTION
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