Opening an Irish bank Account

Katiehound

Deleted_User said:

Seanybhoy68 said:

I have joint British/Irish citizenship and hold both passports. Is it possible to open an Irish bank account if I live permanently in the UK?

My main reason is I read they're looking at scrapping 85k guarantee by the FSCS. I would still like to open an EU account anyway.

Bank accounts are based on residency not what citizenship you hold.

 

 I don't think that is the whole picture.

Whilst I do have a holiday home in ROI I am not a resident but have had an Irish bank account for more years than I care to remember! I opened a BOI account in 2021 because Ulster bank pulled out of the Irish market without any problem.

[Deleted User]

Katiehound said:

Deleted_User said:

Seanybhoy68 said:

I have joint British/Irish citizenship and hold both passports. Is it possible to open an Irish bank account if I live permanently in the UK?

My main reason is I read they're looking at scrapping 85k guarantee by the FSCS. I would still like to open an EU account anyway.

Bank accounts are based on residency not what citizenship you hold.

 

 I don't think that is the whole picture.

Whilst I do have a holiday home in ROI I am not a resident but have had an Irish bank account for more years than I care to remember! I opened a BOI account in 2021 because Ulster bank pulled out of the Irish market without any problem.

They are required to offer basic payment accounts to EEA residents outside Ireland. This obviously does not apply to UK post Brexit but they can still open accounts if they so choose.