Raisin Offering Better Interest Rates for Irish Savers

Back in April 2016, we saw the launch in Ireland,  and several other European countries, of  Raisin.com – which described itself as an online deposit marketplace. In December 2016 Raisin stopped accepting new Irish customers because the Central Bank of Ireland said that Raisin would require a licence under the Investment Intermediaries Act. Now Raisin […]
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What’s Happening with the Bank Guarantee?

Next week (28th March ) the   Eligible Liabilities Guarantee is ending – this is the one that covers most deposits over €100,000. We wrote about the possible ending of this guarantee back in Nov 2012 The Dept of Finance said that the ELG will end  for  all new liabilities (deposits) from midnight on the […]
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Summary of Deposit Guarantees in Ireland

We understand the following protection is in place with the following institutions: This is the latest information on the level of guarantee or protection for money held in Irish financial institutions or those operating in Ireland. Updated in March 2013 Post Office Savings Bank; . Irish Government guarantees all deposits with no end date Under […]
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IBRC Liquidation and the Deposit Guarantee

As a result of the liquidation of IBRC –  the Deposit Guarantee Scheme (DGS) has been activated.  The Deposit Guarantee Scheme  is administered by the Central Bank and guarantees eligible deposits up to €100,000 per person in any bank, building society or credit union. The DGS is obliged to issue compensation to verified eligible depositors […]
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