Industry Funding Levy - Payment Options

Regulated entities can pay their levy

• Direct Debit, or
• Electronic Funds Transfer.

Direct Debit

Payment by direct debit is the most efficient means of collecting the levy from the large number of firms regulated by the Central Bank.  It is also a convenient way to pay and ensures that your levy is paid on time.  You will receive a levy notice at least 28 days in advance of the payment by direct debit and therefore will know in advance of the amount due to be collected for the current levy year.

Regulated entities who have previously submitted a direct debit mandate will have their levy collected by way of direct debit no sooner than 35 days after the date the levy notice is issued.  Where a valid direct debit mandate exists this will be clearly indicated at the bottom of the levy invoice.

If you have not already submitted a direct debit mandate but wish to pay your annual Industry Funding Levy by direct debit please print and complete a copy of the Direct Debit Mandate.

When complete and signed, the form, in PDF format, should be returned to [email protected].  Alternatively, completed and signed forms can be returned in hard copy to:

Billings & Collections
Financial Control Division
Central Bank of Ireland
PO Box 9708
Dublin 1

Electronic Funds Transfer (EFT)

To ensure payments can be allocated correctly, a payment must include at least one of the following details: invoice number or account number. Failure to include the required details may result in a failure to identify the payer, the payment being returned at the remitter's expense and the levy remaining due.

If paying by SWIFT, please note the payment reference (invoice number or account number) should be populated in the correct fields on the payment:

SWIFT Payments:         MT103: Field 70

We kindly request that, where possible, one payment is made per account.