Is Money Safe in My Current Account?

I have a relatively large debt with one of the Irish banks that I spoke about on another thread. In the coming months a sum of money will be lodged into my current account re a tax refund.

Will the said bank automatically claim the money that goes into the current account that is held with them?

I have since made an offer to the bank regards the debt I have with them and am hoping the offer will be accepted.

The funds that will be lodged into my account will be money I will require to pay my monthly mortgage if I do not obtain work soon.

Not safe, if same bank the loan is with.

Thanks Towger. Will contact TAX office first thing Monday morning to see can I change account they are lodging funds into. Hopefully there's no problem changing current account with Revenue at such a late stage.

Had arranged for money to be transferred into this account before problem with debt.

For many reasons (common sense, politics etc) I reckon none of us should leave money with any of the guaranteed cowboy banks. Move your business to your local credit union, or maybe some where like Ulster Bank.

You don't have to have your refund paid into a bank account it can be done by cheque.