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Record number of bank accounts opened as Ulster Bank to leave market

Jul 5, 2022 08:07 By Shannonside News
Record number of bank accounts opened as Ulster Bank to leave market Record number of bank accounts opened as Ulster Bank to leave market
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Ulster Bank and KBC are warning customers to be wary of scams when starting new accounts.

Personal and Current accounts are being opened at a record rate as Ulster Bank and KBC Banks prepare to exit the Irish market

New figures from the Banking and Payments Federation Ireland reveal 222-thousand personal current accounts have been opened at the main retail banks so far this year.

It has prompted the Federation to launch a nationwide information campaign aimed at providing detailed information on the steps required to switch account.

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CEO Brian Hayes says the initiative was prompted due to the significant numbers of customers changing banks:

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