Tara & District Credit Union Limited, Kilmessan, Dunsany, Co. Meath
046 9025871 taracreditunion@eircom.net
Our credit union is for people, not for profit!

EFT – Electronic funds transfer

We are delighted to introduce our brand new Payment Account Facility service. This service will enable you to send money into your Credit Union account and send money out of your Credit Union account by means of electronic funds transfer. This convenient service allows you to manage your finances directly from your Credit Union account.

We continue to offer our Direct Debit and Standing Order facilities whereby you can send money from your Bank account into your Credit Union account.

Tara & District Credit Union now has a National Sort Code. This means that members can avail of the opportunity to transfer money from/to their Credit Union account.

How does it work?

This facility allows you to pay your wages, pension, social welfare/benefit payments etc, directly into your Credit Union Account. You may also send international payments (from outside Ireland) directly into your Credit Union account. You can then pay your mortgage, credit card bills, gas, electric and other regular bills from your Credit Union account by electronic transfer, direct debit or standing order. Once-off payments may also be made.

How do I set up a Payment Account?

To set up a Payment Account: Simply visit the Credit Union office to receive your IBAN and BIC numbers . Complete a Breakdown of Payment form to specify which account balance you want your money to be paid into, e.g. Current/Shares/Loan etc. For International Payments, please contact the office for full details.

If you want to pay bills: For either once-off or regular bill payments, please bring your details to the Credit Union and our staff would be happy to set it up for you.

Please note: The account holder shall ensure that sufficient cleared funds are maintained in the account to meet any withdrawals. Withdrawals presented against an account with insufficient funds, or funds awaiting clearance (e.g. direct debits lodged and cheques lodged), will be refused. Please contact the office for full terms and conditions.

 

Direct Debits

Direct Debits are a very convenient way to lodge money from your Bank account to your Credit Union account on a regular basis. Avoid the queue and arrange your direct debit today.

How does it work?

Your Direct Debit is credited to your Credit Union account on a date requested by you, and with an amount requested by you. A Direct Debit may be operated from your current account in the Bank.

How do I set up a direct debit?

Easy! Just call in to the Credit Union office to complete a direct debit mandate. Please ensure you bring your bank account details with you. Please note that Direct Debits cannot operate from a bank savings account.

Later on, if you need to adjust the date or amount of your direct debit, just give us a call and we can deal with your request over the phone, no more form-filling! (Once we have your signature on your original mandate).

Standing Orders

Standing Orders are also a convenient way to lodge money from your Bank account to your Credit Union account on a regular basis. Avoid the queue and arrange your Standing Order today.

How does it work?

Your bank account is debited on a date requested by you, and with an amount requested by you, and the funds are credited to your Credit Union account on the next bank working day. A Standing Order can be operated from a bank savings account.

How do I set up a Standing Order?

Please call in to the office to complete a Standing Order mandate. Please ensure you bring your bank account details with you.

 

Additional Information

Members operating any of the above facilities, receive a quarterly statement free of charge. It may be of interest to you to register as an on-line member, therefore you can view your transactions whenever suits you.