FAQs
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Who can apply for a basic bank account?
To qualify for a Basic Bank Account:
- You must be over the age of 18.
- You must be over the age of 16 if not in full-time education.
- You must be legally resident in the European Union (EU).
Customers must not have:
- A personal payment account or
- current account with any bank in the Republic of Ireland. You will be asked to sign a declaration provided by us to confirm this.
- Only one account can be held per customer
- Where can I apply for a Basic Bank Account?
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How much are Basic Bank Account fees and charges?
We don’t charge an account maintenance fee on our Basic Bank Account*. There may be charges for things like Government Stamp Duty, and when you make international payments.
For details on the fees and charges on our Basic Bank Account, see our Schedule of Fees and Charges for Personal Customers and our Schedule of International Transaction Charges.
*Fees for maintaining the account may be charged after 12 months depending on turnover if the value of lodgements to your account exceeds a certain threshold.This threshold is equivalent to the national minimum hourly rate of pay (as declared from time to time in accordance with Section 11 of the National Minimum Wage Act 2000) multiplied by 2,080 (i.e. 40 hour week x 52 weeks of the year).If this is applicable to your account you will be notified 2 months in advance of this change. Government duty still applies. - Do I get a debit card with the Basic Bank Account?
- Can I get an overdraft on the Basic Bank Account?