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You may have seen the news about a recent announcement by KBC Bank Ireland in the media – click here for the announcement.
While no immediate impact is foreseen for your KBC Current Account, should a Binding Agreement with Bank Of Ireland receive regulatory approval, you will need to switch or close your account at a future date.
When there are further updates we will write to you with any additional information and support you may require. We will ensure you are provided with plenty of notice of any impact and/or changes to your account in line with all legal and regulatory protections.
Customers can switch banking provider should they wish to do so. You can visit the Competition and Consumer Protection Commission's website for more information on switching (https://www.ccpc.ie/).
We are accepting new applications for Current Accounts. You should be aware that if you decide to open a Current Account, should a Binding Agreement with Bank Of Ireland receive regulatory approval, you will need to switch or close your account at a future date. You will continue to be afforded all of the relevant legal and regulatory protections.
If you choose to open a Current Account with KBC and would like to apply for an overdraft, you should be aware that new applications for Personal Overdrafts will be paused from 07th December 2021 and we will provide customers with 30 days written notice of this change. If you apply for an overdraft before the 07th December 2021 your application will be processed as normal should you still wish to proceed.
We've put together some frequently asked questions for you: