Bank accounts for your day to day needs
Bank of Ireland has two products for everyday banking needs which may be suitable to international protection applicants; a personal current account and a basic bank account, both of which offer you a secure place to keep and access your money.
1. Personal current account
With a personal current account, you can view your account online, check transactions, receive payments into the account and organise to pay bills or transfer money from the account. There is a monthly fee for maintaining the account.
2. Basic bank account
A basic bank account offers many of the same features of the personal current account. However, with a basic bank account, there are no fees for maintaining the account for the first 12 months. You can only have one basic bank account. When you apply for the account, you must sign a declaration to confirm that you do not have a personal payment or current account with any other bank in the Republic of Ireland.
Comparing the two accounts
We have compared the two accounts in the table below:
| Features | Basic bank account | Personal current account |
|---|---|---|
|
How old do you have to be?
|
18 years or older
|
18 years or older
|
|
Is there a monthly fee for maintaining the account?
|
No1
|
Yes – a flat fee of €6 a month
|
|
Where can I find out more information?
|
For details of the fees and charges that apply to our basic current account, please read our Schedule of Fees and Charges for Personal Customers to see a list of what you can expect to pay for your account. View our Fee Information Document for Basic Current Account to find out more about fees for the main services linked to this account. It also helps compare these fees with those of other accounts. View the Terms and Conditions of the account here |
For details of the fees and charges that apply to our personal current account, please read our Schedule of Fees and Charges for Personal Customers to see a list of what you can expect to pay for your account. View our Fee Information Document for Personal Current Account to find out more about fees for the main services linked to this account. It also helps compare these fees with those of other accounts. View the Terms and Conditions of the account here |
|
Does it come with online, mobile and phone banking?
|
Yes
|
Yes
|
|
Does it come with a contactless debit card?
|
Yes
|
Yes
|
|
Can I set up a direct debit or a standing order using this account?
|
Yes
|
Yes
|
|
Is there an overdraft facility?
|
No
|
Yes
|
|
Find out more
|
You can see the full range of current accounts from Bank of Ireland here.
Explaining banking terms
View our Glossary of Terms – this explains, in plain English, the terms that we and all EU financial service providers commonly use for payment services and customer accounts.