SEPA Instant – Faster Payments Are Almost Here

Everyday banking is about to get faster and easier for our members. 

Since 9th January 2025, under the new SEPA Instant Payments Regulation, our members have been able to receive money instantly—24 hours a day, 7 days a week, 365 days a year. 

The ability to send instant payments will be rolled out before 9th October 2025. This means you’ll be able to transfer funds to any SEPA-enabled account and the recipient will receive the money within 10 seconds, no matter the time or day. 

To ensure all members are informed, we’ve provided: 

• An Information Booklet that explains how SEPA Instant Payments work 
• Access to the official regulation document 

Both of these documents can be viewed and downloaded from our Downloads section:

https://mountmellickcu.com/downloads

How we’re keeping our members informed: 

• We’re emailing all members with registered email addresses to notify them of the update and provide access to the relevant documents

• Printed copies of the official regulation document are being posted to any members without email 

• Hard copies of the official regulation document will be made available in-branch

If you have any questions on this update, please don’t hesitate to call us on 057 8624425, email us on info@mountmellickcu.com or drop in to your local branch to speak with us in person.

We’re here to help you make the most of this new, faster way to bank.