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deposit for SME Business account

cousin_borat · 2014-04-23 15:36:11

Is it standard to ask for €600 deposit for a new SME account? This is with direct debit option. Apparently €1,200 without. Thanks

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23-04-2014 4:36pm

#1

cousin_borat

Registered Users Posts: 995 ✭✭✭

Join Date: September 2004

Posts: 797

Is it standard to ask for €600 deposit for a new SME account?
This is with direct debit option.
Apparently €1,200 without.

Thanks

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#2 23-04-2014 4:51pm
EI: Una

Closed Accounts Posts: 1,585 ✭✭✭

Join Date: March 2011

Posts: 1554

Hi cousin_borat,

Yes, €600 is the minimum security deposit for a SME account (with direct debit).

I have received confirmation of this just now also from the SME department.

Regards,
Una

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