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Business overdraft arrangement fee / interest rate

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  • 11-11-2014 4:09pm
    #1
    elastico
    Closed Accounts Posts: 4,592 ✭✭✭


    Can anybody advise what bank of Ireland charge for a business overdraft facility annually and what interest or other fees they charge etc?

    Is there a setup fee?

    Is there a link to this information on their website anywhere?


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    #2
    Bank of Ireland: Sarah
    Closed Accounts Posts: 1,640 ✭✭✭Bank of Ireland: Sarah


    elastico wrote: »
    Can anybody advise what bank of Ireland charge for a business overdraft facility annually and what interest or other fees they charge etc?

    Is there a setup fee?

    Is there a link to this information on their website anywhere?
    Hi elastico,

    Thanks for contacting us here on Boards.

    Yes you can get an overdraft facility on a business account. To apply for this, you will need to contact your Business Advisor in your branch. There is an annual fee of €50 for an overdraft and this is charged when it is applied on your account and then annually on this date. You can book an appointment to speak with a Business Advisor in your branch here

    You can also find details on our Business account fees here.

    Please let us know if you need help with any other query.

    Thanks,
    Sarah


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