Hi
I have a fixed term account with AIB and received a letter from them today saying that from May 11th this account will be replaced by a new "Select Fixed Term" account and that I will no longer be able to reinvest in original account. They say at maturity it will automatically change to the new Select account. Is anybody aware of this and is there any downside to it. Do you recommend that I take any action?
Appreciate any advice
Thanks
MFK
I have a fixed term account with AIB and received a letter from them today saying that from May 11th this account will be replaced by a new "Select Fixed Term" account and that I will no longer be able to reinvest in original account. They say at maturity it will automatically change to the new Select account. Is anybody aware of this and is there any downside to it. Do you recommend that I take any action?
Appreciate any advice
Thanks
MFK