'European-wide industry issue' delay children's allowance payments

People waiting on social welfare and those in receipt of children's allowance have not had their payments made to their banks this morning due to a "industry-wide payments issue".

Account holders with a number of banks have not received their welfare payments this morning.

It is not yet certain what other payments have been affected, but it is understood the industry-wide issue may be affecting European payments across a number of banks.

Ulster Bank issued a statement to customers on their official Twitter, saying they are aware of an "industry-wide payments issue" that has delayed credits being applied to Irish bank accounts.

They said it is expected that the issues will be resolved shortly and funds will be applied early today.

Permanent TSB told customers in an official statements; "Due to a European payments delay, payment transactions between banks have not been received this morning.

"This means that any payment due to transfer to your account from another bank this morning has been delayed.

"Due to this European payments delay, there are a number of banks experiencing this issue this morning.

"We are monitoring the situation and payments will be processed as soon as received.

"We will continue to keep you updated and we wish to apologise for any inconvenience caused."

More to follow...