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 […]
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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 – you can use your Irish debit card to withdraw the local currency at an ATM . The exchange rates given by your card provider at the ATM might be better than you would […]
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Figures for online banking in Ireland
Back in 2007, a survey found that 65% of people with access to the internet did not use online banking. Coupled with the fact that less than half (43%) had access to the internet on a daily basis, online banking was probably used by as little as 14% of adults in Ireland. By 2018 the […]
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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 […]
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