Important Customer Notice Business Banking

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Important Customer Notice

KBC Bank Ireland would like to draw your attention to some important information.
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KBC Professional Fee Finance (PFF) / Tax and Pension Finance (TPF) Loans

Please note: As of 31st May 2022 KBC will no longer accept new applications for Professional Fee Finance. If you have completed an application which we receive on or before 31st May 2022 it will continue to be processed and underwritten as normal, should you wish to continue.

Business PFF & TPF Download Booklet

Here's what you need to know

We've put together some useful tips and frequently asked questions for you.

What's happening?
Professional Fee Finance (PFF) and Tax and Pension Finance (TPF) Loans will move to Bank of Ireland. We previously wrote to you to advise that KBC are no longer accepting applications for Professional Fee Finance (PFF) and Tax and Pension Finance (TPF) Loans. If you require a new loan you will need to choose a new provider.
What to expect...
Should we receive ministerial approval, KBC will send you a letter within the next few weeks with more details about what’s happening to your PFF/TPF Loan. You will get plenty of notice (at least 60 days) of your Loan transferring to Bank of Ireland. In the future, should we receive ministerial approval, Bank of Ireland will write to you as well with important information.
What you need to do...
You should continue to make your Loan repayments as normal. Make sure your contact details are correct and up to date so we can keep you informed, and Bank of Ireland can contact you directly about the transfer of your Loan.

Guide to Next Steps
Download now

Business PFF & TPF Help Hub

What is changing?

Are you an existing customer? We've put together some useful information for you to help you prepare for the changes ahead.

Important Info

You will keep your current Loan rate when you transfer.

Bank of Ireland will be in touch with you regarding your payment methods.

If you are a PFF Introducer who indemnifies a KBC PFF Loan, your obligations under the  indemnity will transfer to Bank of Ireland and remain in place until all loans covered by it have been repaid in full.

Any changes by Bank of Ireland to your terms and conditions must be made in line with all regulatory and contractual obligations, including providing you with sufficient notice of these changes.

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Important Information about your KBC Professional Fee Finance (PFF) / Tax and Pension Finance (TPF) Loans

Lending criteria, terms and conditions apply.

Read our Terms of Business (pdf, 35 KB)

Fixed Rate Loan
Warning: You may have to pay charges if you repay early, in full or in part, a fixed rate credit facility.
Fixed Interest Rate
Warning: if you do not meet the repayments on your credit facility agreement , your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.