Zurich’s Ulster Bank accounts closing 10th February
Please note that payments made via EFT (Electronic Funds Transfer) to these accounts once closed will be not be transacted. Please also note that most EFT payments are usually settled on the next business day, however, some EFT payments may take longer and this should be factored into the timing of the payment and the closing of the accounts on 10th February.
Ulster Bank has confirmed that for EFT payments settled after 10th February they will immediately process a return of the funds. However, how quickly the funds are received back into the customer’s bank account will depend on how quickly the originating bank returns the funds.
As previously communicated, please be aware of our new bank accounts for EFT payments, allocated as follows:
Top-ups to existing Zurich Policies
New Zurich policy
Transfer from another Life office
Renewals & Other payments
Group Pension, Group PRSA and Group Risk Policies
We also have two new bank accounts for group pension and risk business. Details of these accounts can be found on the attached flyer.
View new Group bank details