PTSB are scheduled to launch their first Online Current Account.
Details are sketchy but here is what I am informed. Details may change before launch day.
Launch date: 2 April 2013.
Product: PTSB Online Current Account.
No postal statements. All statements online.
Free banking if you wire at least 1,500 EUR per month into the account. No minimum balance requirement for free banking.
Product will run concurrent with other PTSB current account products.
This will represent another easy way to get free banking without minimum balance requirements.
It is good to see that PTSB are going down the online route with current accounts as it future proofs their offering. When SEPA comes into force in February 2014, pan European online current account banking competition may emerge. PTSB are prepared.
Details are sketchy but here is what I am informed. Details may change before launch day.
Launch date: 2 April 2013.
Product: PTSB Online Current Account.
No postal statements. All statements online.
Free banking if you wire at least 1,500 EUR per month into the account. No minimum balance requirement for free banking.
Product will run concurrent with other PTSB current account products.
This will represent another easy way to get free banking without minimum balance requirements.
It is good to see that PTSB are going down the online route with current accounts as it future proofs their offering. When SEPA comes into force in February 2014, pan European online current account banking competition may emerge. PTSB are prepared.