The options for current accounts in Ireland have shrunk in 2023 as Ulster Bank and KBC have withdrawn from the Irish market. There are some new online-only banks that are competing with established banks – such as Revolut and N26. The majority of the banks in Ireland have some sort of transaction fees or admin […]
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There was a delay in some bank payments being processed for Irish banks this morning (Oct 2nd). The issue is apparently affecting all the banks. The Banking and Payments Federation issued a ststement on behalf of it’s member banks – which said ” due to an overnight issue in the European payments infrastructure, some customers […]
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All the Irish banks have replaced the old Laser cards with Visa Debit cards. Halifax were first to change over to Visa Debit (they have since pulled out of Ireland ). Then in 2009 Ulster Bank began issuing Visa Debit cards and PTSB soon followed in 2010 . Bank of Ireland joined the switch to […]
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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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Back in July 2012 the Central Bank announced that 7 firms in Ireland were being told to review all their PPI sales since 2007. It did not name the firms at the time. Today the Central Bank of Ireland has named 6 of the 7 involved in the review of possible mis-selling : They are […]
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