The majority of the banks in Ireland have some sort of transaction fees or admin charges on current bank accounts. The options for current bank accounts in Ireland are smaller in 2024 since Ulster Bank and KBC have withdrawn from the Irish market. Some new online-only banks such as N26, Bunq and Revolut are competing […]
Continue reading…
PTSB
Problems with Bank Payments Today
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 […]
Continue reading…
Visa Debit Cards Replaced Laser in Ireland
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 […]
Continue reading…
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 […]
Continue reading…
Payment Protection Insurance Investigation – the Latest
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 […]
Continue reading…