Most of the main banks in Ireland now 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 between them in the first 6 months of 2018 – probably helped by fees such as these and also the large amounts […]
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ATM Charges Overseas: If you are travelling from Ireland to the UK, USA , Australia – or any other country that doesn’t use the Euro – you can usually use your Irish debit card to withdraw the local currency at an ATM . (Cash Machine) The exchange rates given by your card provider at the […]
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Latest : See our Comparison of Bank Charges in Ireland with all the latest account charges compared. Since April 2019 Ulster Bank are now charging €2 a month admin fee – with no waivers. If the account balance falls below €3000 in a month they will also charge transaction fees. More details here PTSB . […]
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How easy is it to switch current bank accounts ? There are about 5 million current accounts held in Irish banks . 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 2017 was just 2715. Overall levels of switching […]
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PTSB launched a new current account in 2016 called Explore . The main feature of this PTSB Explore current account is the ability to earn cash rewards for using debit cards and by paying specific companies by direct debit. The account has a €4 per month service charge – (€48 a year). which is the […]
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An Post launched a new current bank account in 2017 called the “Smart Current Account”. Their press release called it a “game changer” and highlighted the MoneyBack feature , claiming that customers could save €660 a year. We have taken a closer look at this An Post account to find out more about the charges […]
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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 […]
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