I am considering moving my current a/c from AIB to PTSB. In that event I would leave my SSIA with AIB ( fixed 4% ) ( PTSB rate is 2%).
The official in PTSB told me that if I move to PTSB that AIB would set up a "feeder account" to continue payments to my AIB SSIA a/c as AIB do not accept Standing Orders from other banks to their SSIA a/cs.
My concern is that if I switch to PTSB that I might miss a payment into my AIB SSIA.
Has anybody encountered any difficulty in switching banks but leaving SSIA a/c with original bank?
The official in PTSB told me that if I move to PTSB that AIB would set up a "feeder account" to continue payments to my AIB SSIA a/c as AIB do not accept Standing Orders from other banks to their SSIA a/cs.
My concern is that if I switch to PTSB that I might miss a payment into my AIB SSIA.
Has anybody encountered any difficulty in switching banks but leaving SSIA a/c with original bank?