EFT - Your Questions Answered
Q1. Why must my payments be made directly to a Bank Account?
Under the terms of EU Regulation 885/2006 all scheme payments to farmers must be made into a Bank Account with effect from 16 October 2008. No scheme payments by cheque can issue after that date.
Q2. What do I have to do to have my payments paid directly to my Bank Account?
All you have do to is complete the authorisation form and forward it to Direct Credit Section, Department of Agriculture, Fisheries & Food, Farnham St., Cavan.
Q3. What type of Bank Account can I have payments paid into?
You can have payments credited directly to an account in any Bank or Building Society. A small number of Credit Unions can also be used (for details contact your Credit Union or Direct Credit Section).
Q4. What happens if I change my Bank Account Number?
You must notify Direct Credit Section, Department of Agriculture, Fisheries and Food, Farnham St., Cavan in writing immediately.
Q5. How will I know when the payment is made?
Even though your money is paid directly to your Bank Account the Department will still issue you with a remittance note through the post with confirmation of the payment.
Q6. How will I know what the payment is for?
The remittance note issued by post will also contain details of what the payment is for.
If you have any further queries on any aspect of this please call the Direct Credit Section of the Department on 049 4368283