bunq is another of the newer digital banks that are available in Ireland. (pronounced “bunk”.) Bunq is a fully licenced EU bank – and any money held with them is protected by the Deposit Guarantee Scheme of the Dutch National Bank (DNB) up to €100,000 We have reviewed and compared similar digital banking apps such […]
Continue reading…
All current bank accounts have a BIC and an IBAN to identify them. You will need to give your IBAN and BIC to organisations that need to pay money into your bank account – such as Social Welfare BIC The BIC (Business Identifier Code) is a unique address which identifies precisely the Bank (not the […]
Continue reading…
The Single Euro Payments Area ( SEPA ) is a European Union regulation that is supposed to simplify financial transactions. It comes into effect fully in just under a year – on 1st February 2014. It will mean that from 1st February 2014 an International Bank Account Number (IBAN) and a Bank Identifier Code (BIC) […]
Continue reading…