How safe is your money in an Irish Bank, Bank of Ireland and Allied Irish Bank. A total of £10bn alone is invested in the Bank of Ireland,

These savers have billions invested with Ireland three biggest banks: Anglo Irish Bank, Bank of Ireland and Allied Irish Bank. A total of £10bn alone is invested in the Bank of Ireland, through the savings accounts it offers through the Post Office.
If the EU does eventually offer a bail-out this should help underpin the Irish banking system. But anyone with money in a bank – whether it is based in Ireland, the UK, or any other country – should ensure they know where they would go to claim compensation, and how much of their money would be protected, in the event of a bank going bust.
Remember those who have money in long-term fixed-rate bonds may lose significant amount of interest if they withdraw their money early, and switch it into a UK-based bank. In some cases withdrawals are not possible at all on such accounts.Panasonic Lumix DMC-FZ35K 12.1MP 18x Zoom Digital Camera $314.95 w/ free shipping

Comments

Popular posts from this blog

SFO investigates price rigging in foreign exchange market

Shares in Standard Chartered dive after Iran allegations

Jessica Harper admits £2.4m Lloyds Bank fraud