Bank Account in Ireland - What's the best Bank in
If you are looking for Bank Account in Ireland, keep in mind that there are plenty of banks to choose
from - so many that finding the right one can be a real hassle.
To prevent information overload, here are a review of the top ones NOW.
The Bank of Ireland (BOI)
This is one of the BIG 2 in the region-- Allied Irish Banks (AIB) is the other. There are pros and cons to BOI
so here they are.
1) Customer service
This is one of their strong suits-which is rather surprising for a company so large. If you are a "face to
face" person than you will love the service you get at most branches.
1) Overdraft charges
One thing they have a tendency to do is to occasionally put "overdraft charges" on your account when
your account is not overdrawn. Obviously you can usually make things right-but it's a tremendous hassle
to grow through.
2) LONG lines
If you are a "face to face" person--and like managing your money at a physical branch--plan on bringing
some reading material. All the online Irish Bank Ratings can attest to this.
This is the other of the BIG TWO.
1) Many services
They are basically a "one-stop" shopping mall for financial services. Whether you want a loan... credit
card... student account... even a "graduate account"... they have what you need.
1) Customer service
This is probably their weakest point. As with most national companies they do have customer service
issues, and they aren't the fastest financial institution around. Quite simple, they aren't the most
organized branch around-and like BOI plan on waiting awhile before talking to a teller.
Aside from the simple necessity of having a separate account when you live a foreign country, what is so
attractive about offshore accounts? Why is it that rich people have them?
Offshore bank accounts are frequently available in more than one currency. This makes them extremely
valuable to those who work in a different country or travel frequently. It is also very useful to your
average investor as a hedge against dramatic currency movements. Some investors for example may like
to buy into a currency recognized for its stability like the Swiss franc, to prevent keeping all their money
in one currency such as the dollar.
For more Information open Bank Account in Ireland check out accountancy in Ireland.