Bank of Ireland Demand Deposit Account (€100,000 and above)
How will my savings grow?
About the Account
Value
Provider
Bank of Ireland
Account name
Demand Deposit Account (€100,000 and above)
Minimum regular deposits
Regular deposits are not required.
Minimum term required
0 months
Flexible deposit amounts
Lump Sum lodgements are allowed at any time.
Introductory bonus
Conditional bonus
Joint account available
Withdrawal notice period
Instant access to your savings.
Interest payments
Interest is credited annually in March.
ATM card
You can make withdrawals any time you like using your Deposit account card** at any Bank of Ireland ATM or in any Bank of Ireland branch.
About the Account
Value
Bank of Ireland payment account required
This is a standalone account, you do not require a separate payment account from Bank of Ireland.
Penalties
Age limits
Minimum age 18 years.
Balance limits
Minimum balance €100,000.
Maximum balance unlimited.
Closing date
Not specified
D.I.R.T.
Interest payments are subject to deposit interest retention tax.
Maximum number of accounts permitted
Not specified.
Fees & charges
Account fee
No transaction fees are applied by Bank of Ireland for lodgements to or withdrawals from the Account. Bank of Ireland may, at their discretion and without prior consultation with you, apply transaction fees to the Account in the future. This shall only be done subject to approval by the relevant regulatory authority and reasonable notice to you.