Basic Bank Account

Your everyday banking made easy.

FAQs

  • What is the Cross Border Handling Fee that I will be charged if I use my Debit Card abroad?

    Using a debit card for purchases in Euro

    Within EU/EFA Outside EU/EEA
    Visa Debit (Point of Sale) No charge 2% of transaction value Maximum €11,43 per transaction
    Visa Debit Contactless (Point of Sale) No Charge 2% of transaction value. Maximum €11.43 per transaction

    Using a debit card for purchases in foreign currency

    Within EU/EFA Outside EU/EEA
    Visa Debit (Point of Sale) 2% of transaction value. Maximum €11.43 per transaction 2% of transaction value. Maximum €11.43 per transaction
    Visa Debit (ATM) No Charge 3.5% of transaction value. Minimum €3.17, Maximum €11.43 per transaction

    Cash withdrawal

    In Euro within EU and EEA All other transactions (cross border handling charge)
    Visa Debit (ATM) No Charge 3.5% of transaction value. Minimum €3.17, Maximum €11.43 per transaction

    • A cross-border handling fee can apply if you use your Visa Debit Card outside of the EU/EEA, this will include Northern Ireland and Britain in the event that they leave the EU. The fee varies depending on how the card is used. There is no fee for using your Visa Debit Card in a Bank of Ireland or Post Office ATM in Northern Ireland or Britain when making a sterling cash withdrawal. You will be charged a cross-border handling fee if you use any other ATMs in Northern Ireland or Britain. (3.5% of transaction value, minimum of €3.17/ maximum €11.43 per transaction). All point of sale purchases incur a fee of 2% of transaction value, and are limited to a maximum fee of €11.43 per transaction.

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  • Who can apply for a basic bank account?

    Customers must be legally resident in the European Union (EU).

    Customers must not already hold 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).

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  • Where can I apply for a Basic Bank Account?

    You can apply for a Basic Bank Account in any Bank of Ireland branch.

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  • What fees and charges are applied to the Basic Bank Account?

    There are no quarterly fees on this account and no fees for maintaining the account.

    From time to time, you may require additional services such as a duplicate statement or using your debit card abroad. Any service charges will normally be debited from your account as they arise and will be shown separately on your account statement. Please see our Schedule of fees and charges for personal customers brochure for service charges which apply to the Basic Bank Account.

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  • Do I get a debit card with the account?

    Yes, you will receive a Visa Debit Card

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  • Can I get an overdraft on the account?

    No overdraft facility is provided on this account.

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