Modulr Finance incident

Delayed SEPA Credit Transfer Processing

Resolved after 22 hours 36 minutes, affecting SEPA (Euro) Payment Service, on February 20, 2024.

resolved Feb 21, 2024, 03:45 PM UTC

All SEPA Credit transfers that were in a pending state from IE IBANS submitted post-midday (1200) on 20/02 have all processed. We can now consider this resolved and all SEPA Credit transfers are functioning as expected. Please accept our apologies for any inconvenience caused and, as ever, should you require any further support in relation to this issue, please do not hesitate to contact us: [email protected]

Started
Feb 20, 2024, 05:08 PM UTC
Resolved
Feb 21, 2024, 03:45 PM UTC
Duration
22h 36m
Detected by Pingoru
Feb 20, 2024, 05:08 PM UTC

Affected components

SEPA (Euro) Payment Service

Update timeline

  1. identified Feb 20, 2024, 05:08 PM UTC

    Modulr have become aware of an issue today whereby, for our IE IBANs, outbound SEPA Credit Tranfer requests submitted post-midday (1200) remain in a pending status and will not process until tomorrow morning. We are currently reviewing the underlying issue but we can confirm that these payments will process tomorrow. This has no impact on SEPA Instant and solely impacts SEPA Credit Transfer. We will provide a further update at 10am tomorrow. We do apologise for any inconvenience this may cause and for any questions related to this outage, please contact us: [email protected]

  2. identified Feb 21, 2024, 10:00 AM UTC

    Identified - Modulr are aware of an issue today whereby, for our IE IBANs, outbound SEPA Credit Transfer requests submitted post-midday (1200) on 20/02 remain in a pending status and will not process until later today. We are currently reviewing the underlying issue but we can confirm that these payments will process today. This has no impact on SEPA Instant and solely impacts SEPA Credit Transfer Outbound Payments. We will provide a further update at 12pm. We do apologise for any inconvenience this may cause and for any questions related to this outage, please contact us: [email protected]

  3. identified Feb 21, 2024, 12:21 PM UTC

    Identified - Modulr are aware of an issue today whereby, for our IE IBANs, outbound SEPA Credit Transfer requests submitted post-midday (1200) on 20/02 remain in a pending status and will not process until later today. We are currently reviewing the underlying issue but we can confirm that these payments will process today. This has no impact on SEPA Instant and solely impacts SEPA Credit Transfer Outbound Payments. We will provide a further update at 2pm. We do apologise for any inconvenience this may cause and for any questions related to this outage, please contact us: [email protected]

  4. monitoring Feb 21, 2024, 01:11 PM UTC

    We are now seeing payments for our IE IBANs, outbound SEPA Credit Transfer requests submitted post-midday (1200) on 20/02 in a processed state. Any payments affected by this incident have now been processed by our SEPA provider. We do apologise for any inconvenience this may have caused and for any questions related to this outage, please contact us: [email protected]

  5. resolved Feb 21, 2024, 03:45 PM UTC

    All SEPA Credit transfers that were in a pending state from IE IBANS submitted post-midday (1200) on 20/02 have all processed. We can now consider this resolved and all SEPA Credit transfers are functioning as expected. Please accept our apologies for any inconvenience caused and, as ever, should you require any further support in relation to this issue, please do not hesitate to contact us: [email protected]

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