AIB Ireland commonly known as Allied Irish Banks is considered as one of the so-called big four commercial banks in the Republic of Ireland. The Irish government acquired a controlling share in the bank in December 2010, which later expanded to 99.8%. AIB’s shares are currently traded on the Irish and London stock exchanges. Colin Hunt has been the CEO of AIB since March 2019. In October 2021, Jim Pettigrew was appointed Chair of the Board. In this blog article, you’ll explore the steps to open an account in AIB Ireland. Additionally, you’ll know about how AIB mobile app streamlines routine banking.
Also Read: STUDY ABROAD LOANS: EDUCATION LOAN TO STUDY IN IRELAND
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Benefits of Having an Account in AIB, Ireland
- AIB provides a full range of business, personal and corporate banking services. This bank also offers a wide range of insurance services and products.
- Along with this, it offers pensions and life assurance through its agency with Irish Life Assurance plc.
- Moreover, it allows you to make purchases and withdraw money from your AIB Personal Current Account in Ireland and worldwide is simple with the AIB Debit Card.
- Also, with an account in AIB Ireland, you can use your debit card in shops, at ATMs, online and wherever Visa Debit is accepted.
- AIB international money transfer is one of the fastest ways to send money internationally. By having a bank account in AIB, Ireland, you can avail of this service as well.
Must Read: GUIDE TO OPEN INTERNATIONAL STUDENT BANK ACCOUNT IN IRELAND
How AIB Mobile App Streamlines Routine Banking?
Check this out to know about how AIB mobile app streamlines routine banking:
- Use it to send your contact up to €1,000 straight each day if you have their phone number and they are an AIB customer.
- Send a one-time payment to another Irish bank account in the amount of up to €1,000.
- Quickly set up and utilise Fitbit Pay, Google Pay, and Apple Pay.
- View, modify, or delete standing orders.
- Direct debits are simple to check or cancel.
- View, print, save, and share statements going back seven years.
- The AIB Debit Card makes it simple to make purchases and withdraw money from your AIB Personal Current Account in Ireland and abroad. Use it wherever Visa Debit is accepted, such as in stores, ATMs, online, etc.
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Steps to Open an Account in AIB Ireland
We’ve mentioned the steps below to open an account in AIB Ireland:
Choose the Type of Account: AIB offers various bank accounts, including personal current accounts, savings accounts, and more. Determine the type of account that suits your needs.
Gather Required Documents: You’ll generally need the following documents to open a bank account in Ireland:
- Proof of identity (e.g., passport, driver’s license, or national identity card).
- Proof of address (e.g., utility bill, rental agreement, or bank statement).
- Personal Public Service Number (PPSN) if you have one (not always mandatory but helpful).
Visit a Branch or Apply Online: You can visit a local AIB branch in person or apply online through the AIB website. If you’re applying online, you’ll likely need to upload scanned copies of your documents.
Complete the Application Form: Fill out the required application form with your personal details and provide any necessary information.
Verification Process: AIB may need to verify your identity and address documents. This could involve additional steps, such as providing more information or attending an in-branch appointment.
Account Approval: Once your application is approved and your identity is verified, you’ll receive your account details, which may include an account number and sort code.
Activate Your Account: Depending on the account type and the bank’s policies, you might need to deposit an initial amount to activate your account.
Accessing Your Account: Once your account is active, you can access it through online banking, mobile banking, ATMs, and in-branch services.
Relevant Read: BENEFITS OF OPENING AN ACCOUNT IN BANK OF IRELAND, DUBLIN AS AN INTERNATIONAL STUDENT
FAQs
Ans. The full form of AIB is the American Institute of Banking (AIB).
Ans. AIB International, formerly the American Institute for Baking, was founded in 1919 to “put science to work for bakers.” Since then, AIB has grown into one of the world’s foremost training and auditing organizations on food safety.
Ans. Fully accredited in Australia and internationally recognised.
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