Revolut has officially begun operating as a bank in the Republic with the launch of protected deposit accounts for Irish customers.

29 comments

  1. While competition is great BOI and AIB haven’t woken up to the fact they actually need to compete. Anything to do with an Irish bank is painful, they know we are unlikely to switch banks but they are going to get a rude awakening in the coming years.

  3. Mobile banking with any Irish bank is nothing short of a pain in the ass. Revolut has made the experience much easier not to mention the myriad functionalities it offers e.g. shared vaults, trading stocks, crypto etc.

    Revolut has been out for a while now and the only way Irish banks have reacted is by trying to band together with a joint venture and breaking all types of antitrust laws.

  5. Now just to get employers and utilities to accept non-Irish IBANs. Which they are legally obliged to do, but none of the fuckwits in the Central Bank seem to know how to enforce.

  7. My prediction is in the next five years a lot more bank branches to close with more services offered via post offices for the remaining non internet users.

  8. I use the BOI app purely to send money to my Revolute app… ~~I know whenever I’m looking for a mortgage this will have to stop, but till then~~ Revolut is just so much more efficient

    Edit: Strikethrough on out of date information

  10. Started getting payed into my revolut a few weeks ago, all I gotta do is close my dead boi account, won’t miss that backwards institution

  14. I’m dreading changing banks. I’m with Ulster Bank last 16 years and delighted with them, their app is brill. The choice now is dealing with dodgy BOI app or getting ripped off by AIB but for a better online security, great choice.

  16. Can anyone please list out the cons of going with Revolut as the main bank for salaries and bills? Thanks.

  18. With KBC and fee free leaving the market, Revolut will be the next one I jump too so.

    Already using it but will eventually get a he salary paid in there

  20. Can send money to another aib account instantly now..got a notification this morning….I’m with revolut 6 yrs now so they are a bit late to that market.

  22. I am with Ulsterbank and their App is very good, only issue is they are leaving the market 🙁 I dont like Revolut’s online only policy and it seems the other irish banks don’t have good digital services. I feel up shits creek without a paddle.

  23. Does Revolute take Irish driving licenses as ID , they would not take my wife’s before and her passport is expired.

  24. I’m currently a UB customer and trying to switch banks. I used to be a BOI customer, but won’t go back to them. My next bank that ticked the boxes is PTSB.

    However so far the switching process has been a pain. They had me try join up using the app. Seemed like it was going well, but would time out up to the point of taking selfies.

    Support advised me to wait a few days. Did that and it eventually said I reached a application limit.

    They told me to go to a branch and complete the process. So I went to the local branch next morning being optimistic and they turned me around telling me to try the app again. We’re at a point here where I’m trying to sign up and the support is sub-par. I’m even allowing for the fact that they’re busier than usual.

    With that I ended up calling support to see if they can help. I have an appointment now for early May…to open a bank account.

    I only noticed revolut in the app saying they’re a bank now. I’m tempted.

  26. Such perfect timing for them with Ulster bank pulling out.

    ​

    I can close my account with Ulster, transfer my salary payments to Revolut and use the credit union for longterm savings. Will be great to not have to deal with a banking system from 40 years ago any longer.

  28. Worth reading revoluts Wikipedia before you start singing their praises too much. Freezing accounts for no reason and poor company to work for.

    https://en.m.wikipedia.org/wiki/Revolut

    Received 1.8 billion from a kremlin backed venture firm and ceos father is a higher up in Gazprom. He’s publicly condemned the war but that’s in his own best interest too.

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