BoI Hike Business Banking Fees

Messages
5,459
The Irish Times are [broken link removed] that BoI are about to hike business banking fees.

The bank will increase the charge applied to electronic banking services, including debit and credit services used by businesses, from 6.5 cent per transaction to 8.5 cent per transaction.

Business On Line same day international payments without foreign exchange will now incur a charge of €42.50 per payment, up from €25.35.

Foreign exchange

Business On Line same day international payments with foreign exchange conversion will rise from €21.50 per payment to €37.50.

The bank is also increasing charges on inward international transactions over €1,500 from €7.50 per transaction to €12.50.

Some shocking increases. For FX I hope some companies consider switching to an online currency broker.
 
Back
Top