News Formal

Bank of Ireland support for consumers moving accounts

  • 📰 RTEbusiness
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 61%

Business Business Headlines News

Bank of Ireland has announced a range of supports for people moving current accounts to the bank ahead of Ulster Bank and KBC's exit from the Irish market.

The new supports include about 500 new Bank of Ireland staff to help with account opening, a dedicated phone line, an online hub as well as a range of tools and templates to help consumers make the move.

Templates for letters to SEPA direct debit originators, payroll change instruction letters to employers, and credit payment redirection forms have also been developed to help consumers navigate the process. "We expect that trend to continue over the remainder of this year and into 2023 as the exiting banks roll out their phased approach of contacting customers," Mr Dummer said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IDA and Enterprise Ireland trade mission to USThe Tánaiste will be accompanied by IDA Ireland CEO Martin Shanahan and Enterprise Ireland CEO Leo Clancy on the trip to the US west coast.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Ibec slashes growth forecasts for Irish economy in face of Ukraine crisisIbec slashes growth forecasts for Irish economy in face of Ukraine crisis via IrishTimesBiz
Source: IrishTimesBiz - 🏆 6. / 77 Read more »