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Switching bank accounts is easy, says Bank of Ireland

All banks are reporting a significant spike in the numbers of customers switching bank accounts in recent weeks, primarily due to the withdrawal of providers from the Irish market. For those with multiple accounts linked to their current account and numerous direct debits, credits and standing orders it can appear daunting. What most people don’t realise is that your new banking provider does most of the work for you and will have your new account up and running within ten days. You just need to remember to cancel your old account.

 

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