Bank of Ireland introducing additional charges

alaimacerc

Oh, right, I was assuming online. That'd do it, all right!

_Kaiser_

The only concern of course is that when PTSB get enough customers in from the other banks, they'll ramp the charges too - and then where do you go?

I can't decide whether it's worth the hassle of moving the accounts to PTSB now (especially given some of the recent feedback here about the Visa Debit not working on a lot of sites, slow to react to/notify about potential fraudulent transactions on their credit cards etc), or sit tight with AIB until February and hopefully this SEPA thing will mean more options for the average customer who doesn't have 2500/3000 to leave sitting in a current a/c all month.

That DKB "German only" rule must be in violation of some EU regulation though? Considering the fact that documents have to be translated into Irish for example.. but then the EU = Germany for the most part, so...

BuffyBot

That DKB "German only" rule must be in violation of some EU regulation though? Considering the fact that documents have to be translated into Irish for example.. but then the EU = Germany for the most part, so...

Huh? They don't. You may be thinking of official EU documents etc: but there is nothing forcing a private entity to do business in any language with you. They're perfectly entitled to offer services in whatever language they wish.

murphaph

Kaiser2000 wrote: »

The only concern of course is that when PTSB get enough customers in from the other banks, they'll ramp the charges too - and then where do you go?

I can't decide whether it's worth the hassle of moving the accounts to PTSB now (especially given some of the recent feedback here about the Visa Debit not working on a lot of sites, slow to react to/notify about potential fraudulent transactions on their credit cards etc), or sit tight with AIB until February and hopefully this SEPA thing will mean more options for the average customer who doesn't have 2500/3000 to leave sitting in a current a/c all month.

That DKB "German only" rule must be in violation of some EU regulation though? Considering the fact that documents have to be translated into Irish for example.. but then the EU = Germany for the most part, so...

I would switch to PTSB if I were in your position. PTSB are not going to introduce fees in the medium term, if at all. They would face a massive backlash from the very people they actively sought to gain as customers.

I don't think February is going to see you suddenly having more options (in English) than exist right now. SEPA will have a huge effect, but it will take a while to filter through to end user financial products.

You can try to open a DKB account right now if you're comfortable enough with (written) German. You don't need to be able to speak or understand spoken German-everything is or can be done in writing. I have never spoken to them in fact.

The DKB account is free and from February at the latest can replace any domestic Irish account.

Gone West

Toots* wrote: »

if you go into your branch and fill out the form, the only way they can send it from the branch is 'express' which means there's the €25 charge.

That's it, yeah.
Cheers.