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Bank of Ireland is now becoming Bank of Ireland (UK) PLC

seatzie
seatzie Posts: 761 Forumite
500 Posts
edited 9 September 2010 at 9:59AM in N. Ireland
Just got a letter in this morning, BOI are moving all N Ireland cutomers to a new subsidiary called Bank of Ireland (UK) PLC

Apparently its to "enable BOI to offer products in the UK market that are directly comparable with existing mainstream providers from a risk and protection standpoint"

so that could mean
a)less protection as ROI offers more or
b)getting away from the ROI banking system as it seems to still be in meltdown

theoretcially anyway its not supposed to make any difference to your day to day banking
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Comments

  • motorguy
    motorguy Posts: 22,622 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    seatzie wrote: »
    Just got a letter in this morning, BOI are moving all N Ireland cutomers to a new subsidiary called Bank of Ireland (UK) PLC

    Apparently its to "enable BOI to offer products in the UK market that are directly comparable with existing mainstream providers from a risk and protection standpoint"

    so that could mean
    a)less protection as ROI offers more or
    b)getting away from the ROI banking system as it seems to still be in meltdown

    theoretcially anyway its not supposed to make any difference to your day to day banking

    Are you insinuating that bankers manipulate banking system rules to suit themselves???

    :eek:
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