AIB is rolling out Single Euro Payments Area (SEPA) Instant for outgoing payments.
All 3.35m AIB customers will be able to send instant payments, before the industry deadline of 9 October 2025.
SEPA regulation requires all banks to implement SEPA Instant for both incoming and outgoing payments.
"Many of our customers can already make payments in under ten seconds, 24 hours a day, seven days a week, including weekends and holidays, with the remainder being added on a gradual basis over the next few days," the bank said in a statement.
SEPA Instant will be available through all AIB channels including at its 170 branches, online and on the mobile app.
There are no additional fees for making SEPA Instant payments and customers do not need to register for the service as it will be made available automatically.
Developed by the European Payments Council, SEPA Instant provides immediate access to funds, unlike standard SEPA Credit Transfers, which can take up to two days to settle.
"AIB has been rolling out SEPA Instant for outgoing payments to customers on a phased basis and now, we are delighted to say that all personal and business customers will be able to send and receive instant payments, before the industry deadline," said AIB's Managing Director, Retail Banking Geraldine Casey.
"This development for customers provides them with instant access to their money, increases efficiencies and convenience.
"We understand that customers want their bank to provide them with a safe and secure payment journey and that’s why delivering this for all our customers has been a key priority," she added.
