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Q:

What are the cut-off and payment release times for standard domestic payments?

A:

A Standard payment to an Ulster Bank account (Intra-Bank Payment - IBP) can be made at any time and on any day. The payment will debit and credit in near real-time.

A Standard payment to a non-Ulster Bank account has a cut-off time of 14.00 to achieve same-date value. These payments can also only be made on a working day. If the cut-off is missed, the payment will re-date to the next working day.

A Same Day payment has a cut-off time of 15.50 to achieve same-date value. These payments can also only be made on a working day. If the cut-off is missed, the payment will re-date to the next working day.
Bulk standard domestic payments will behave as per Standard payments above, although note that every beneficiary must be an Ulster Bank account for the IBP cut-off to apply.

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