How to set up UK savings account living in Ireland

mjdh1957

Danske Bank ceased operations in the Republic in 2013

Katiehound

Oops, sorry.
I used to bank with them but then they closed the branch to one about 50 miles away so moved back to Ulster bank. I hadn't realised they had ceased operating in ROI.
 And now Ulster have/are going.
Presumably Bank of Ireland  will continue!! (where my account currently resides)

mjdh1957

The Irish banking system is undergoing a bit of a shake-up these days.

KBC and Ulster Bank are leaving, so there's lots of people looking for a replacement bank. I switched from KBC to Permanent TSB, reluctantly as KBC suited my needs perfectly. I didn't like the idea of either BoI or AIB which are the two big players in the market.

Lots of people are starting to use the new app-based banks like N26 but I preferred a more traditional bank with branches. An Post and credit unions also offer current account banking.

As my pension income is in sterling I have retained a Halifax account and use Wise.com to transfer things over to Ireland.

ellenvan

Offshore  sterling account in the Isle of Man or Jersey a suggestion - most major banks e.g. HSBC, Lloyds Barclays etc.

WillPS

Katiehound said:

Danske Bank operates both in N.Ireland & ROI so I wonder if that would be a possibility.
 After all residents in NI seem to be considered Irish - thinking nationality here- . Might be worth investigating

Tax and residency status are what matters, not nationality.