Fees and charges
Republic of Ireland
As a personal customer how do I qualify for free account transactions?
If you are on our Pay as you Go or Flat Fee fee options you qualify for free account transactions fees in a quarter if you either
- make at least 3 debit payments from your current account using Bank of Ireland 365 online and/ or phone in that quarter.
Or
- Keep a minimum credit balance of €500 in your current account for the full fee quarter
Full details of our free account transaction fees offer and fee quarters are available in our
Schedule of Fees and Charges for Personal Customers.
Free quarterly account transaction fees are also part of our 3rd Level Student, Graduate and Golden Years Current Accounts.
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What fees and charges do apply? (Republic of Ireland only)
The Current Account transactions fees and service charges outlined below apply to transactions and services provided via Bank of Ireland 365. Full details of our personal current account fees and charges are contained in our brochure ‘Schedule of Fees and Charges for Personal Customers’ available from any branch and on www.bankofireland.ie.
| Standard Personal Current Account |
| Option 1 - Pay as you Go* |
28c per debit or credit transaction |
| Option 2 - Flat Fee* |
€11.40 per quarter (up to 90 debit or credit transactions). Transactions in excess of 90 cost 28c each. |
| Other Charges |
|
| Cancel a Direct Debit (Stop Payment Instruction) |
€5.08 each (BudgetSaver account only) |
| Standing Order Set up |
€3.43 each (BudgetSaver account only) |
| Standing Order amendment |
€1.33 each (BudgetSaver account only) |
| Replacement of Lost/Stolen/Damaged card |
€5.90 |
* If you have more than 40 transactions per quarter, the quarterly fee of €11.40 is the better option for you. You can, however, switch between the two options at any stage by contacting your branch. The change will take effect from the beginning of the next fee-charging quarter.
| Business Current Account |
|
| Automated Transaction Charges - debit or credit transactions on the current account |
24c each |
| Standing Order Set up |
€3.43 each |
| Standing Order amendment |
€1.33 each |
| Cancel a Direct Debit (Stop Payment Instruction) |
<€5.08 each |
Full details of our Business current account fees and charges are contained in our brochure ‘Schedule of Fees and Charges for Business Customers’ available from any branch and on www.bankofireland.ie
Charges for International Money Transfers via 365 online
| Bank of Ireland (InterPayplus) charges - applicable to all accounts |
|
| Transactions in euro to EU Member State with IBAN & BIC* |
No charge |
| Other payments without FX conversion (e.g. Euro to USA) |
€12 each |
| Transaction with FX conversion (e.g. US$ to US) |
€5** |
*Plus Iceland, Liechtenstein and Norway.
** The €5 charge on transactions destined for countries within the EEA in their local currency (e.g. Sterling to UK,) is not currently applied, however the relevant foreign exchange rate will apply. This position is subject to change. You will be advised of the Bank of Ireland charge for your international money transfer on the payment confirmation screen before you authorise each transaction with your 365 PIN. This charge is in addition to the relevant current account transaction fee, if applicable.
Foreign Bank Charges
- International money transfers can also attract foreign bank charges. These charges are deducted from the amount received by the beneficiary, by an intermediary bank and/or the beneficiary's bank. The charges relate to their role in transmitting and processing the payment, and can vary. Some foreign banks' charges can be high with no maximum applying.
- In the event that you provide incorrect information resulting in a query with the foreign bank, any charge applied by the foreign bank will be passed back to you.
Full details of our International transaction charges are contained in our brochure ‘Schedule of International Transaction Charges’ available from any branch and on www.bankofireland.ie.
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Are there any concessions available on international money transfers? (Republic of Ireland only)
Customers with a Golden Years or 3rd Level Student Current account will receive a concession on the Bank of Ireland charge for international money transfers.
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What foreign exchange rates apply? (Republic of Ireland only)
Foreign exchange rates are based on current market rates. They can differ with the various products. The variations take account of the domestic and foreign costs involved. You will be advised of these charges on the payment confirmation screen before you authorise the transactions with your 365 PIN. Also current rates for low value transactions are displayed on the branch notice board and quotations for larger value transactions are available on request.
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Are there any other charges? (Republic of Ireland only)
Unusual and Costly Transactions charges / Account Administration charges (€33 per hour) may be applied for non-routine requests involving significant workload. You will be notified of these charges in advance or at the time of request.
Out of pocket expenses may also apply, where relevant.
Call Charges
Calls to 365 phone made from within Ireland are charged at LoCall rates, except for mobile calls where the rate is decided by your mobile phone service provider. If you are calling from outside Ireland International call rates apply. If accessing the service online, the cost will be determined by your Internet service provider.
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Fees and Charges Northern Ireland
What fees and charges do apply?
Personal Customers
Normal account transactions are free of charge Non-standard / unusual transactions may attract charges.
The Current Account transaction fees and service charges outlined below apply to transactions and services provided via Bank of Ireland 365. Full details of our personal current account fees and charges are contained in our 'Personal Current Account Charges Explained' brochure. Details of Service Charges are contained in our 'Schedule of service charges' brochure. Both brochures are available from any branch or on
www.bankofireland.co.uk
| Personal Current Account |
Northern Ireland |
| Automated Transaction Charges - debit or credit on the current account |
FREE |
| Standing Order Set up |
FREE |
| Standing Order amendment |
FREE |
Business Customers
The Current Account transaction fees and service charges outlined below apply to transactions and services provided via Bank of Ireland 365. Full details of our business account fees and charges are contained in our 'Schedule of service charges - Business Customers' brochure available from any branch or on
www.bankofireland.co.uk
| Business Current Account |
Northern Ireland |
| Automated Transaction Charges - debit or credit transactions on the current account |
£0.43 |
| Standing Order Set up |
FREE |
| Standing Order amendment |
FREE |
Overdrafts & Interest - Personal & Business
Overdrawn balances, both authorised and unauthorised, will attract interest charges Full details are contained in our 'Rates and Products guide brochure available from any branch.
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Fees and Charges Great Britain
Personal Accounts
What fees and charges do apply?
The Current Account transaction fees and service charges outlined below apply to transactions and services provided via Bank of Ireland 365. Full details of our fees and charges are contained in our brochure 'Schedule of service charges', available from any branch or on
www.bank-of-ireland.co.uk
Customers who keep a minimum of £250 in their account in any Charging month* qualify for free banking. When the account falls below the £250 minimum balance threshold for all or any part of a charging month* the following transaction charges apply.
| Personal Current Account |
|
| Monthly Account maintenance charge |
£2.50 |
| Automated Transaction Charges - debit transactions on the current account |
£0.39 per item |
| Automated Transaction Charges - credit transactions on the current account |
£0.39 per item |
| Standing Order Set up |
FREE |
| Standing Order (Amend/Cancel) |
£2.75 per item |
Direct Personal Accounts
Freeway Current Account
When account exceeds £50 overdrawn in any charging month*, a monthly maintenance charge of £6 will apply for the whole or any part of the month during which the account is overdrawn
Standing Order Set up - Free
Standing Order charge Amend/Cancel of £2.75 per item
High Interest Cheque Account
First Debit transaction in any charging month free*, then 50p per transaction
Standing Order Set up - Free
Standing Order Amend/Cancel charge of £2.75 per item
*Charging Month - the 5th of one month to the 4th of the next.
Business Current Accounts
What fees and charges do apply?
The Current Account transaction fees and service charges outlined below apply to transactions and services provided via Bank of Ireland 365. Full details of our fees and charges are contained in our brochure 'Schedule of service charges', available from any branch or on
www.bank-of-ireland.co.uk
| Business Current Account |
|
| Maintenance |
£5.50 per month |
| Automated Transaction Charges - debit transactions on the current account |
£0.45 per item |
| Automated Transaction Charges - credit transactions on the current account |
£0.26 per item |
| Outward Standing Order |
£0.55 per item |
| Standing Order Set up |
FREE |
| Standing Order (Amend/Cancel) |
£2.75 per item |
Overdrafts & Interest - Personal & Business
Overdrawn balances, both authorised and unauthorised will attract interest charges. Full details are contained in our 'Personal Saving Rate' and 'Interest Rates for Business Customers' brochures available on
www.bank-of-ireland.co.uk
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