Connect with us

News

Opening a basic bank account

Published

on

0203450_Citizens-Information_810_x_4560.jpg

 

 

Question: I am on a low income and I need to open a bank account. Some banks offer free accounts to people who are a certain age or lodge a certain amount of money - but I don’t qualify. Is there another option?

 

Answer: You can open a type of account called a basic bank account.

A basic bank account is a current account that has no maintenance fees or charges for everyday banking for at least one year.

To get a basic bank account you must:

* Not have another payment or current account with a bank in Ireland
* Be legally resident in the EU
* Be over 18 years of age (for most banks)
* Provide proof of identity and address and meet the bank’s criteria for opening an account
* A basic bank account comes with a debit card. You can also set up direct debits and standing orders and register for online banking.
* There are no charges for day-to-day banking, but there may still be charges for things like replacing your debit card, bank drafts, international services and missed payments. You should discuss this with the bank before opening your account.
* You cannot get a cheque book or an overdraft with a basic account.

At the end of your first year with a basic bank account, your bank will review your account. If the total amount lodged into the account within the year is less than the national minimum wage, you will continue to get fee-free banking for a limited time.

If you go over this limit, or if you have had a basic account for a total of five years, the account will be converted to a normal current account and you will pay fees and charges.

If you want to open a basic bank account, you should contact one of the main banks to find out how to apply.

You can find more information about managing your money and opening a bank account on the Money Advice and Budgeting Service (MABS) website mabs.ie.

During COVID-19, you can find comprehensive integrated information online at citizensinformation.ie/covid19/ and you can get daily updates on what’s changed on Twitter at @citizensinfo.

You can also get information and advice from:
Tralee on Tel: Call 0761 07 7860, Monday – Friday (10am-4pm)
The Citizens Information Phone Service: Call 0761 07 4000, Monday to Friday, 9am – 8pm
Our national call back service: Visit citizensinformation.ie/callback to request a phone call from an information officer.

Continue Reading
Advertisement

News

Relief as indoor dining finally resumes

By Michelle Crean After almost 500 days of closures the sense of relief was evident this week as restaurants, cafés and bars were finally allowed to welcome customers back in. Some had reopened for outdoor dining previously to help keep their businesses afloat but it was back to normal on Monday. According to the new […]

Published

on

0206059_IMG9176.jpg

By Michelle Crean

After almost 500 days of closures the sense of relief was evident this week as restaurants, cafés and bars were finally allowed to welcome customers back in.

Some had reopened for outdoor dining previously to help keep their businesses afloat but it was back to normal on Monday.

According to the new rules as set out by Fáilte Ireland and the Government, in order for customers to access indoor service, they must show proof that they are fully vaccinated or have recovered from COVID-19 in the past six months. Those who are not yet vaccinated can only be served outside.

A maximum of six people aged 13 and over are allowed per table and it’s advised that face coverings be worn when not at the table, there is no time limit, customers can only eat or drink at a table and not at the bar or counter, and one person must give their details for contract tracing purposes. Live music and dancing is not allowed.

The Killarney Advertiser spoke to a number of businesses this week and overall the feeling was relief that they can finally get back to normal service but the issue of staffing still remains.

Brian Murphy from Courtney’s Bar said he was feeling nervous.

“I’m feeling nervous as we don’t have enough staff,” he said. “It’s a Monday so hopefully we can cope. Things will settle down and we’ll find a level we are all happy with.”

At the Porterhouse Restaurant Lee O’Callaghan said “It’s great to be back open and have people coming into the restaurant”.

“Hopefully we have a long season after being closed for so long.”

Staff at Reidy’s, Ellen Shannon, Rory Carroll and Jack Sweeney, added that they’re delighted to return to indoor dining.

“Hopefully we get back to normal soon and to brighter days ahead.”

At Jimmy Brien’s Bar in Fair Hill, customers echoed the same sentiments about being finally open.

“We are delighted to be back,” Danjoe Aherne said.

“We appreciate everything Alan Breen has done for us. We’re glad to be back home again!” Charlie Buckingham said.

Continue Reading

News

Time to get your skates on!

By Sean Moriarty People of Killarney are being urged to have their say on a new skateboard park before next week’s deadline. A public consultation on the project has been launched by Kerry County Council. Cllr Donal Grady, who first put forward the idea of a Killarney skateboard park in 2018, is urging the people […]

Published

on

0206141_30_SkateboardersO.JPG

By Sean Moriarty

People of Killarney are being urged to have their say on a new skateboard park before next week’s deadline.

A public consultation on the project has been launched by Kerry County Council.

Cllr Donal Grady, who first put forward the idea of a Killarney skateboard park in 2018, is urging the people of the town to have their say.

It is proposed to build the park on land adjacent to the Killarney Sports and Leisure Centre with help and support from the KDYS.

“In 2017 a group of skateboard enthusiasts approached me, they had no designated safe area to enjoy their sport. Sport is vital for youths, stakeboarding increases metabolism, improves balance and enhances coordination use,” Cllr Grady told the Killarney Advertiser.

“Skateboarding is now an Olympic sport. I commend Kerry County Council, management, engineers and the planning team for getting the project to this stage, it’s now up to the people of Killarney to have their say. It’s vital positive submissions are lodged by Wednesday, August 25,”

Submissions can be lodged to the Playground Unit, Finance Dept, Kerry County Council.

Continue Reading

LOCAL ADS

Last News

Advertisement

Sport

Trending