Most of the main banks in Ireland have some sort of transaction or admin charges on current accounts. The big two banks , AIB and Bank of Ireland made over €1 Billion profit each last year – probably helped by these fees and the large amounts of cash some customers keep in their current accounts […]
Continue reading…
Current Accounts
ATM Charges Abroad
ATM Charges Overseas: If you are travelling to the UK, USA – or any other country that doesn’t use the Euro – it is usually easy to use your Irish debit card to withdraw the local currency at an ATM . Don’t forget – there are also 9 EU countries that don’t use the Euro […]
Continue reading…
Switching Current Account
How easy is it to switch current bank accounts ? There were 5.1 million current accounts held in Irish banks at the end of 2016. The number of people switching current accounts from one credit institution to another under the Central Bank’s Switching Code in the first 6 months of 2016 was just 3,600. Overall […]
Continue reading…
Business Bank Account Charges Compared
Business Bank Account Charges in Ireland – a Comparison. If you run a business – as a sole trader or a limited company , you should probably have a business current account with a bank. Small sole traders or freelancers could probably manage without a business bank account – but it is a good way […]
Continue reading…