Best banks in Ireland?
#16
To the point.
Thread Starter
Joined: Jun 2013
Location: Just here
Posts: 37
Re: Best banks in Ireland?
Some guides to fee's and charges on Irish banks. Most of them you have to have a balance of 2.5 or 3k to get "free banking"
http://www.bankofireland.com/fees-an...365-online/#1e
http://www.aib.ie/personal/current-a...-bank-for-free
Terms and conditions apply. Debit Cards are liable to annual Government Stamp Duty. Currently EUR2.50 per card applies where the card is used for either an ATM/in branch transaction or a Point of Sale transaction, and EUR5.00 per card applies where the card is used for both.
http://www.danskebank.ie/en-ie/perso...ages/24-7.aspx
This looks like a good product on the face of it for ROI use. A fixed 5 euro charge per qtr. Plus it's a Danish Bank & based in post offices/some local advisory centres which is useful.
http://www.bankofireland.com/fees-an...365-online/#1e
http://www.aib.ie/personal/current-a...-bank-for-free
Terms and conditions apply. Debit Cards are liable to annual Government Stamp Duty. Currently EUR2.50 per card applies where the card is used for either an ATM/in branch transaction or a Point of Sale transaction, and EUR5.00 per card applies where the card is used for both.
http://www.danskebank.ie/en-ie/perso...ages/24-7.aspx
This looks like a good product on the face of it for ROI use. A fixed 5 euro charge per qtr. Plus it's a Danish Bank & based in post offices/some local advisory centres which is useful.
#17
Re: Best banks in Ireland?
that was quick work again goosegirl
Now you have given me something to do reading those links & looks like the Danish bank may be one other option - appreciate you doing the detailed work
Kev, are you onto this yet?
Thanks
Now you have given me something to do reading those links & looks like the Danish bank may be one other option - appreciate you doing the detailed work
Kev, are you onto this yet?
Thanks
#18
Re: Best banks in Ireland?
http://www.danskebank.ie/en-ie/perso...ages/24-7.aspx
This looks like a good product on the face of it for ROI use. A fixed 5 euro charge per qtr. Plus it's a Danish Bank & based in post offices/some local advisory centres which is useful.
I think most folks wouldn't want to tie up 3-5k just to get fees waived - but low fees with no minimums might be what Kev is after
Thanks
#19
To the point.
Thread Starter
Joined: Jun 2013
Location: Just here
Posts: 37
Re: Best banks in Ireland?
Yes, no problem. I've only just discovered Danske Bank. I'm going to give them a ring and see if I can get one set up etc or at least get some info out of them for myself. I have a feeling though, it's only for ROI use and you will have to have a permanent Irish address for that one, unlike the ulster bank.
Soon as I've done it, I'll get back here. It appears a very simple account which is good. The other Irish accounts seem very complicated & confusing.
http://www.danskebank.ie/en-ie/Perso...-customer.aspx
Soon as I've done it, I'll get back here. It appears a very simple account which is good. The other Irish accounts seem very complicated & confusing.
http://www.danskebank.ie/en-ie/Perso...-customer.aspx
Last edited by goosegirl; Oct 11th 2013 at 9:05 pm. Reason: link
#20
Account Closed
Joined: Feb 2011
Posts: 363
Re: Best banks in Ireland?
The bank of Ireland is that desperate to avoid gaining customers it seems to be refusing to accept their money! I have passed the application process along with all the ID hoops I had to jump through to open an account. Then weeks later I get a phone call saying "we need you to open with a balance, it can be as little as €5". Ok sais I, I will transfer it now. My existing English bank wants £8 in fees for this privilege so I ditch that idea. Next idea = ring Irish bank and just do a card payment. Oh no! We cant accept card payments! I say "what??? Your a f bank!!" Still cant accept card payments. Ok so idea number 3 = I post it to them. Months later I get my €5 note back in the post with a letter saying "our centralised post collection office cannot accept cash!"
My parents are currently in Ireland so I gave them the letter along with the note saying deposit this please. Just had a phone call from dad saying they have lost paperwork and I will have to do it all again. I said "oh no I bloody wont! Iv had enough. If they are that incompetent I will use a different bank. So parents are now picking up applications for aib and ulster banks for me :P
My parents are currently in Ireland so I gave them the letter along with the note saying deposit this please. Just had a phone call from dad saying they have lost paperwork and I will have to do it all again. I said "oh no I bloody wont! Iv had enough. If they are that incompetent I will use a different bank. So parents are now picking up applications for aib and ulster banks for me :P
#21
Account Closed
Joined: Feb 2011
Posts: 363
Re: Best banks in Ireland?
My husband and I opened a bank account with Ulster bank purely because the fees were the cheapest. Took along all our I.D and opened the account no problem. Got the cards and online banking details all sent through ( we are based in U.K but have a property in Ireland also ). 3 months (!) later my husband recieved a letter saying his middle name did not appear on the utility bill he had provided as I.D. Bearing in mind we are not resident in Ireland he asked could they wait for 2 weeks when we were coming over and he would bring additional I.D with his middle name on. Yes they siad. Meanwhile we recieved a letter and the balance of our account in a cheque form through the post saying the account was closed. 2 days later we arrived in Ireland, went to the Ulster Bank and queried the situation. They were very unhelpful, the person we needed to see was day off ( only ONE person could deal with this?! ) so we came back-she's at lunch-so we came back again-no, she says, the account is closed due to insufficient I.D. Would not listen to any explanation or reason. What this woman is doing working in the public sector I do not know, she was rude and dismissive. We went a few doors down and opened up an account with the Bank of Ireland, no problem, no hassle and no rude, incompetent staff. Yes the charges are higher but it's worth it NOT to have to see this awful woman again. One thing I do find in Ireland is that customer service is non-existent. If their friend is in the shop, you are totally ignored while they have a conversation about anything and everything. Then you are treated as a huge inconvenience. I am told this only happens in the small knit community villages, I hope so.
#22
Forum Regular
Joined: Aug 2013
Posts: 114
Re: Best banks in Ireland?
Thankyou Will call them on Monday. Iv also found another house to put an offer on so all I need now is a reliable income! Lol! :P
#23
Forum Regular
Joined: Sep 2013
Posts: 37
Re: Best banks in Ireland?
Yes,I suppose so, but I'm not like that and find it hard to be that way. But on a positive note, MOST people are very friendly and welcoming. We do find it difficult to get tradesman, for example a plumber or electrican, a lot are wary of 'non locals' and obviously think we are going to do a bunk and not pay them! I guess I'd be the same in their shoes. We are relying on word of mouth and recommendation, even then they don't turn up! Very frustrating.
#24
Account Closed
Joined: Feb 2011
Posts: 363
Re: Best banks in Ireland?
Yes,I suppose so, but I'm not like that and find it hard to be that way. But on a positive note, MOST people are very friendly and welcoming. We do find it difficult to get tradesman, for example a plumber or electrican, a lot are wary of 'non locals' and obviously think we are going to do a bunk and not pay them! I guess I'd be the same in their shoes. We are relying on word of mouth and recommendation, even then they don't turn up! Very frustrating.
#25
To the point.
Thread Starter
Joined: Jun 2013
Location: Just here
Posts: 37
Re: Best banks in Ireland?
I called Danske Bank today. 00353 14843721 (if calling from UK, knock off one 0 if from ROI). The lady had to ask before hand as she was unsure if you could open an account while living in the UK.
1. You can be a usual resident in ROI for a account, as usual & do that online.
2. You can be a UK visitor (say on your research holidays/looking at Irish property) to the Republic with a UK address & open a bank account with them. You have to do this in person at a advisory centre in the ROI. Here are the list of advisory centres in Ireland. Again, take all your ID with you as standard.
http://www.danskebank.ie/en-ie/perso...y-centres.aspx
3. If you are planning on moving over to ROI & wanting a Danske Bank account (See No.2) you can make a appointment a week beforehand at a advisory centre to get everything set up, as you will have a Irish address to give them. Then it will be ready to go for when you arrive.
4. You can use Danske Bank at all local An Post offices which is handy for accessing your cash & paying into your account, as they have NO actual branches only online banking.
http://www.danskebank.ie/en-ie/Perso...-Solution.aspx
Hope this is clear.
I wished I'd have found this out sooner as I could of opened an account myself while over in August....Never mind.
1. You can be a usual resident in ROI for a account, as usual & do that online.
2. You can be a UK visitor (say on your research holidays/looking at Irish property) to the Republic with a UK address & open a bank account with them. You have to do this in person at a advisory centre in the ROI. Here are the list of advisory centres in Ireland. Again, take all your ID with you as standard.
http://www.danskebank.ie/en-ie/perso...y-centres.aspx
3. If you are planning on moving over to ROI & wanting a Danske Bank account (See No.2) you can make a appointment a week beforehand at a advisory centre to get everything set up, as you will have a Irish address to give them. Then it will be ready to go for when you arrive.
4. You can use Danske Bank at all local An Post offices which is handy for accessing your cash & paying into your account, as they have NO actual branches only online banking.
http://www.danskebank.ie/en-ie/Perso...-Solution.aspx
Hope this is clear.
I wished I'd have found this out sooner as I could of opened an account myself while over in August....Never mind.
#26
Vendor
Joined: Sep 2013
Location: London
Posts: 6
Re: Best banks in Ireland?
Hi goosegirl
Am I correct in saying that you will be exchanging money to and from Ireland?? £-€ or €-£?? If this is the case, I can help as that's what we Specialise in, so please let me know and this is our vendor forum for anymore info
http://britishexpats.com/forum/forumdisplay.php?f=199
Also most of our Irish clients seem to bank with BOI and we have used them previously as a company too.
Thanks, Mike
Am I correct in saying that you will be exchanging money to and from Ireland?? £-€ or €-£?? If this is the case, I can help as that's what we Specialise in, so please let me know and this is our vendor forum for anymore info
http://britishexpats.com/forum/forumdisplay.php?f=199
Also most of our Irish clients seem to bank with BOI and we have used them previously as a company too.
Thanks, Mike
#27
Forum Regular
Joined: Aug 2013
Posts: 114
Re: Best banks in Ireland?
The bank of Ireland is that desperate to avoid gaining customers it seems to be refusing to accept their money! I have passed the application process along with all the ID hoops I had to jump through to open an account. Then weeks later I get a phone call saying "we need you to open with a balance, it can be as little as €5". Ok sais I, I will transfer it now. My existing English bank wants £8 in fees for this privilege so I ditch that idea. Next idea = ring Irish bank and just do a card payment. Oh no! We cant accept card payments! I say "what??? Your a f bank!!" Still cant accept card payments. Ok so idea number 3 = I post it to them. Months later I get my €5 note back in the post with a letter saying "our centralised post collection office cannot accept cash!"
My parents are currently in Ireland so I gave them the letter along with the note saying deposit this please. Just had a phone call from dad saying they have lost paperwork and I will have to do it all again. I said "oh no I bloody wont! Iv had enough. If they are that incompetent I will use a different bank. So parents are now picking up applications for aib and ulster banks for me :P
My parents are currently in Ireland so I gave them the letter along with the note saying deposit this please. Just had a phone call from dad saying they have lost paperwork and I will have to do it all again. I said "oh no I bloody wont! Iv had enough. If they are that incompetent I will use a different bank. So parents are now picking up applications for aib and ulster banks for me :P
#28
Re: Best banks in Ireland?
UPDATE: They didn't lose the paperwork after all, my senile dad decided to try to pay in my €5 at the Roscommon branch even though I told him the Elphin branch AND wrote it on the envelope! Dad knows best of course :P Phoned bank today and account opened and €5 note being tracked down as we speak (will not hold breath)
Now you have to keep watch on the account, cos you know the bank will likely take that €5 in service fees & other charges
#29
Forum Regular
Joined: Aug 2013
Posts: 114
Re: Best banks in Ireland?
Lol! Il probably start off overdrawn :O