... What the Bank of Ireland does not make clear in their terms and conditions is that if you slip into the red, customers are charged approximately 30p for every cheque, debit via switch, and direct debit for the whole of the quarter in which you were overdrawn, whether the account was in the ... Read review
Advantages: Friendly service. Easy to open. Disadvantages: The charges!
...charged over £80.00. What the Bank of Ireland does not make clear in their terms and conditions is that if you slip into the red, customers are charged approximately 30p for every cheque, debit via switch, and direct debit for the whole of the quarter in which you were overdrawn, whether the account was in the red or not!
For someone who relies greatly on their cheques and debit cards, and who gets overdrawn every now and then, this ... more
I opened a BoI Current Account when I moved to Northern Ireland some years ago. When I read the terms and conditions of the account, I noted the usual, free banking whilst in credit. However, I later slipped into the red for a few days(as everyone does from time to time), and ended up being charged over £80.00. What the Bank of Ireland does not make clear in their terms and conditions is that if you slip into the red, customers are charged approximately 30p for every cheque, debit via switch, and direct debit for the whole of the quarter in which you were overdrawn, whether the account was in the red or not!
For someone who relies greatly on their cheques and debit cards, and who gets overdrawn every now and then, this account will throw your budget into complete chaos!
Advantages: POSTAL AND INTERNET BANKING Disadvantages: LACK OF BRANCHES
.
Mortgages - retail and wholesale.
Household insurance.
Personal lending.
Retail savings.
Commercial mortgages.
You can contact HQ at:
Northern Rock PLC.
Northern Rock Hse.
Gosforth, Newcastle upon Tyne.
NE3 4PL tel : 0191 285 7191.
They also offer OFFSHORE ACCOUNTS these are based in Guernsey and are operated by post or the Internet. You can contact them at:
Northern Rock.
(Guernsey) Ltd.
PO. Box 521
St Peters Port,
Guernsey, Channel Islands.
GY1 6EQ
There are facilities for banking in Ireland as well.
I?ve just started using the Silver Savings Account that offers a high interest instant savings at competitive rates. Rates are linked to the Bank rate until 2010.
MORE DETAIL LATER ...
Advantages: POSTAL BANKING - HIGH INTEREST Disadvantages: BRANCHES
or for a club.
You must be resident in the UK for tax purposes.
The account has minimum and maximum deposits. If the balance falls below
a minimum amount the basic interest will apply.
Money back or switch to another account if within 14 days.
PAYING MONEY INTO YOUR ACCOUNT - DEPOSIT
How to pay money into an account.
You can make payments into your account by CASH (branch) CHEQUE or TRANSFER.
Minimum payment deposit into your account is £500 (as above).
Additional conditions applying to payments by cheque.
You can pay cheques into your account through a branch or post cheques to head office.
Post dated cheques not issued or accepted.
Clearing - cheques drawn on English and Welsh branches of banks will clear on the 4th day. Scottish and Northern Ireland will clear on the 5th. Similar conditions apply for deposits ...
Advantages: Friendly staff Disadvantages: Long Cues
Bank of Ireland
I have been a customer of bank of Ireland for some time now, and I have to admit I have never had any problems with the service.
I have a basic saving account and a credit card with this bank - and I have been a loyal customer every since.
I opened an account when I was 17, and they were very helpful as I had no ID, so they worked hard with me to get a way of opening an account for me, which I appreciated very much. This account is not a card account, just a savings account - meaning I had to physically go into a bank branch to withdraw or deposit money. I didn't mind as they had 3 branches in my area, which is very handy.
I then became a student and was offered a student credit card with all these brilliant deals, so in fell into the trap unfortunately, and now I owe them 800 quid .
That's one thing ...
lesleyanne18 17.10.2007 (08.04.2008)
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Ciao members have rated this review on average: helpful Review of Bank of Ireland
