Bank of Ireland changed their rules on current account fees in November 2020.Since November 23rd 2020 – Bank of Ireland charges current account holders a monthly flat rate charge of €6Some people were hit with a 360% increase in charges. Bank of Ireland Fees Prior to Nov 22nd 2020 Previously, BOI customers who maintained a […]
Continue reading…
Since January 2016 there has been a Stamp Duty charge in Ireland of 12c for each ATM cash withdrawal with a debit card. This annual Debit Card ATM Stamp Duty Charge in Ireland is capped annually at – €2.50 for a basic ATM card and €5 for combined ATM/debit cards. If you have a full […]
Continue reading…
Business Current 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 of keeping […]
Continue reading…
Allied Irish Bank (AIB) increased current account fees from November 28th 2020. The bank was originally planning on making the changes in May – but postponed them because of Covid-19. The changes to current account fees at AIB have removed the option of zero transaction charges for those customers who kept at least €2,500 in […]
Continue reading…
An overdraft is an additional amount of money that is drawn down from a current account when it is in debit. Overdrafts are generally supposed to a short-term facility used to temporarily increase your cashflow.An overdraft can be seen as a loan you arrange through your current account. It allows you to spend more money […]
Continue reading…