Notice Deposit Account

With a minimum deposit of €5,000, you can open a Notice Deposit Account which allows you access to your funds with notice. Notice Deposit Accounts have no maximum lodgement amount. A notice period is required to access funds.

Features and Benefits

Features of the Set Notice Deposit account

  • Notice option(s) available: 31 Day Set Notice
  • Variable interest rate. Annual Equivalent Rates (AER) are quoted based on a 365 day calendar year
  • Interest is subject to Deposit Interest Retention Tax at the prevailing rate
  • Interest paid annually
  • Minimum initial lodgement and balance €5,000
  • No maximum amount
  • Additional lodgements permitted
  • Funds can be withdrawn by providing instructions and serving the required notice period
  • To withdraw funds, provide written instructions to any Bank of Ireland branch or use 365 online or phone banking if registered for these services.
  • Available to new and existing funds to the Bank of Ireland Group
  • Available to open in branch

Important information on using Notice to make withdrawals from your account:

If you are transferring funds to another Bank of Ireland account, the transfer takes place on the day after the notice period expires. This means for example, Day 32 for a 31 Day Set Notice Account

If collecting funds from a branch, your withdrawal will remain available for 5 working days after the notice period expires. If not collected in this time, a new notice instruction will be required and a new notice period served before the funds become available again.

To find out more about the product, download our information sheet.

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