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Important Customer Notice

KBC Bank Ireland would like to draw your attention to some important information.
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Fees & Charges

Everything you need to know about the Fees and Charges which may apply to your account.

KBC Current Account Fees and Charges

Fee Information Document

Below you will find the Fee Information Document for your account type. This document informs you about the fees for using the main services linked to your payment account.

Fees may also apply for using services linked to the account, which are not listed here. Full information is available in the KBC Current Account Fees and Charges booklet.

Standard Current Account FID (pdf, 260 KB)
Extra Current Account FID (pdf, 261 KB)
Student Current Account FID (pdf, 260 KB)
Teen Current Acount FID (pdf, 260 KB)
Basic Current Account FID (pdf, 66 KB)
Current Account Plus FID (pdf, 261 KB)

Standardised Terms

The Glossary of Standardised Terms below explains the fees outlined in the Fee Information Document.

  •  Payment Account Services list (term) Payment Account Services list (definition)
    Maintaining the account The account provider operates the account for use by the customer.
    Cash withdrawal The customer takes cash out of the customer’s account.
    Cheque lodgement The customer lodges a cheque to an account.
    Using a debit card for purchases in euro The customer uses the customer’s debit card to make a payment in euro.
    Using a debit card for purchases in foreign currency The customer uses the customer’s debit card to make a payment in foreign currency.
    Credit transfer The account provider transfers money, on the instruction of the customer, from the customer’s account to another account.
    Standing order The account provider makes regular transfers, on the instruction of the customer, of a fixed amount of money from the customer’s account to another account.
    Direct debit The customer permits someone else (recipient) to instruct the account provider to transfer money from the customer’s account to that recipient. The account provider then transfers money to the recipient on a date or dates agreed by the customer and the recipient. The amount may vary.
    Overdraft The account provider and the customer agree in advance that the customer may borrow money when there is no money left in the account. The agreement determines a maximum amount that can be borrowed, and whether fees and interest will be charged to the customer.
    Unauthorised overdraft The customer’s account is overdrawn in excess of an authorised overdraft limit or where no authorised overdraft limit has been agreed.
    Referral item Cheques, withdrawals, direct debits and standing orders are presented for payment on the customer’s account and, when paid, place the customer’s account in an unauthorised overdraft position.
    Unpaid item Cheques, direct debits or standing orders, presented for payment on the customer’s account, are returned unpaid because of insufficient balance on the customer’s account.
    Cash lodgement

    The customer puts cash into the customer’s account.
    Note: KBC does not offer this service.

    Provision of a cheque book

    The account provider provides a facility which allows the customer to direct the account provider to pay a stated sum from the customer’s account.
    Note: KBC does not offer this service.

Credit Cards

  • Making and Receiving Payments

    Fee/Charge

    Money desk/Swift transfers

    €25.40

    Cheques Issued

    €3.17

    Third Party payment by cheques

    €12.70

    Giro Payments (per book)

    €6.35

    Property insurance premium collection

    €1.00

    Credit transfer drawdown

    €31.50

    Direct Debit collection

    €4.40

    Foreign exchange facilities

    N/A

    Providing and Granting Credit

    Fee/Charge

    Arrangement Fee

    Nil to 0.5% of loan amount

    Valuation/ Asset Inspection

    €150 Valuation fee may rise to a maximum of €253.00 or actual costs

    Revaluation (incl. stage valuations)

    €63.49

    Amend letter of offer

    €63.00

    Mortgage indemnity guarantee charges

    €12.70 + govt duty

    Mortgage indemnity guarantee fee

    5.00% on loan balance in excess of 70% LTV

    Administration charge

    €101.50

    Negotiation fee

    1.50%

    Surcharge interest in respect of arrears on a credit agreement or loan

    Nil to 5.00% over the interest rate quoted in the facility / offer letter per annum or Nil to 2.00% per month (or part thereof) on overdue balances

    Maintaining and Administrating transactions

    Fee/Charge

    Change product fee and government stamping fee

    Nil to €38.00 + €12.70

    Mortgage deeds sealing or partial release fee

    €38.00

    Break funding fee / early settlement

    Formula based

    Duplicate statements

    €2.54 per page

    Duplicate certificates

    €6.35 each

    Reschedule fee

    €0.50% (min €126.50)

    Secondary rental

    Lesser of 5% cash or one instalment

    Leased asset disposal

    €126.50 (based on asset cost)

    Any Other Service

     

    Administration charges

    €31.74 per hour

    Copy of legal papers

    €6.35 per item (max €38.00)

    Duplicate statement / invoice

    Nil to €12.70

    Alterations to mortgage product (inc rate)

    €38.00

    Processing of updated property insurance details

    €30.00

    Processing of updated life assurance details

    €30.00

    Alteration to title deeds / transfer of equity

    Nil to €63.00

    Release of deeds on accountable trust receipts

    Nil to €38.00

    Audit cert

    Nil to €31.50

    Early Encashment fee in relation to Structured Deposits

    Formula based (to include an administration fee of up to 1% of investment sum up to a maximum of €1,000)

    Arrears

     

    Processing unpaid instalment

    Nil to €19.00

    Call out charge concerning unpaid instalments

    Nil to €31.50

    Summons servicing fee

    Nil to €19.00

    Possession order serving

    Nil to €19.00

    Letters re outstanding instalments

    Nil to €12.70

    Legal proceedings administration charge

    Nil to €317.00

    Repossession / legal costs

    Actual costs

    Day to Day Banking Fees

    Fee/Charge

    Euro Cash Withdrawals [ATM]

    €0.30

    Cheque Lodgement Processing Fee

    €0.30

    Payment Fees

    Amount

    KBC Cheque Issuing 

    €3.17 per cheque

    Non - Euro Transactions

    Rate%

    Cash Withdrawal Fee [ATM]

    3.50% (min €3.17,max €11.43)

    Using a debit card for purchases in foreign currency (POS)

    1.75%(min €0.46, max €11.43)

    Fees for Non Payment

    Amount

    Unpaid Item Lodged Cheque

    €5.00

    Referral Item Fee

    €5.00 per item capped at €20 daily

    Stop Payment Instuction

    €5.00

    Unpaid Item Direct Debit

    €10.00

    Unpaid Item Standing Order

    €10.00

    Overdraft Fees & Rates

     

    Debit Interest Rate on authorised overdraft

    13.50%

    Surcharge Debit Interest Rate on unauthorised overdraft

    8.00%

    Overdraft Setup Fee

    €25.00

    Overdraft Renewal

    €25.00

    Additional Banking Charges

    Amount

    Debit Card Replacement

    €6.00

    Replacement of Digital Key

    €10.00

    Duplicate Statement

    €2.54 per page

    Duplicate Certificate of Interest

    €6.35 each

    Maintaining the account Fee

    €6.00

    Credit Card fees and charges

    Amount

    Over Limit

    €7.00

    Unpaid Item (Returned Payment)

    €7.00

    Late Payment

    €7.00

    Cheque Processing

    €1.00

    Duplicate Statement

    €5.00

    Credit Card Replacement

    €6.00

    Replacement of Digital Key

    €10.00

    Transaction Fees

    Rate % / Fee

    Cash Withdrawal Fee (within Eurozone)

    1.5% (minimum of €1.90)

    Currency Conversion Fees (CCF)

    2%

    Non Euro Cash Withdrawal

    1.5% (min. of €1.90) plus 2% CCF fees as outlined above

    Interest Rates

    Amount

    Purchase rate

    14%

    Balance transfer rate

    0% for the first 6 months, moving to the Purchase rate thereafter

    APR

    18.25%

    Cash withdrawal

    20%

Effective from 1st May 2014

Quarterly Charging Periods

Account Transaction Fees are calculated on a quarterly basis and debited from your account in respect of the previous 3 month period. Quarterly charging periods are scheduled as follows (dates are inclusive);
  • Quarter 1: 1st January - 31st March
  • Quarter 2: 1st April - 30th June
  • Quarter 3: 1st July -  30th September
  • Quarter 4: 1st October - 31st December
Where total transaction charges exceed €10 in any fee quarter, details of any transaction fees charged to your account will be confirmed to you in a Fee Advice Letter approximately 10 business days before they are deducted from your account.
Overdraft interest rates are variable and subject to change. Overdraft set up fee is charges upon activation of overdraft facility . Please refer to our Fees and Charges booklet (pdf, 66 KB) for a full description of fees and charges relating to your KBC Current Account.

Note

Please note, in line with the Code of Conduct on Mortgage Arrears (“CCMA”), KBC Bank Ireland will not impose any charges and/or surcharge interest on arrears arising on a mortgage account in arrears to which the CCMA applies.

Queries and Complaints

If you are unhappy about any aspect of the service you have received please contact the Client Services Manager, KBC Bank Ireland plc, Sandwith St, Dublin 2.

If your complaint is not dealt with to your satisfaction you may contact the Financial Services Ombudsman Bureau, Third Floor, Lincon House, Lincon Place, Dublin 2. LoCall 1890 882 090 Telephone – 01 662 0899