Financial institutions (2024)

Certain financial institutions must file third party returns to Revenue of information about their customers:

• Banks, Building Societies, Credit Unions, Post Office Saving Bank and EU Passported Banks must give details of payments of interest and other similar payments made by them to their customers.
• Life Assurance companies must give details of certain payments made by them to their customers.
• Investment Undertakings must give details of values of investments held by certain unit holders.
• Merchant Acquirers must give details of payments made to merchants through payment card (debit and credit card) transactions.

Filing deadlines

All of these third party returns must disclose details in respect of the previous calendar year.

Details of the return format are contained in the file specifications for the returns listed above. Further details on the required content for these returns are contained in the Guidance Notes for Financial Institutions.

Returns must be filed electronically via the Revenue Online Service (ROS), using the secure file upload system.

The return must be in the format that Revenue requires. Details of the return format are contained in the following file specifications:

• File specifications for financial institutions
• File specifications for life assurance companies
• File specifications for investment undertakings
• File specifications for merchant acquirers.

Financial institutions may also be required to file other third party returns, such as Form 46G and miscellaneous third party returns.

Next: Form 46G