Demand Deposit Account

Bank of Ireland’s Demand Deposit Account is the simplest account you’ll ever open. You can open the account with no minimum balance and you’ll always have access to your money.

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Features and Benefits

Open a Demand Deposit account – The Simplest Way to Save

Features of a Demand Deposit account:

  • Suitable for short-term savings
  • Minimum lodgement €1
  • Instant access to your deposit account

To be eligible you must:

  • Have a Bank of Ireland personal current account.
  • Not already hold more than one Demand Deposit Account in your own name or one Demand Deposit Account in your own name and one in joint names with another person(s).

What you will need to open a Demand Deposit account online:

  • If opening a joint account, both of you must have a Bank of Ireland personal current account.
  • In order to apply for this account online, you will need your visa debit card and PPSN to hand. You will be prompted to attach evidence of your PPSN, if you do not have this during the application you can produce it at a later date in branch at your own convenience.
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To find out more about the product, download our information sheet.

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