AIB is also launching two new fixed-term deposit offerings for its personal and business customers. There is a new two-year fixed term offering, at a rate of 2pc annual equivalent rate (AER), and a six-month fixed term, at a rate of 0.75pc AER.
The new fixed-term deposit products are available from tomorrow in branch and will be on the AIB mobile app in the coming weeks.
The T&C's state customers must have a 'AIB payment account' to open the Fixed Term account.
Is a 'payment account' a current account or a demand deposit account (or both) ?
The T&C's state customers must have a 'AIB payment account' to open the Fixed Term account.
Is a 'payment account' a current account or a demand deposit account (or both) ?
I opened one of these recently. A bit of an ordeal really.But some AIB staff apparently are incorrectly saying it must be a current account.
Just to point out, this is specifically called out in the terms & conditions of the account.So it appears that their system will not accept a cheque even one of their own.
Based on my 18 months experience with AIB they could pretty easily adopt "Making it difficult for you" as their new tagline. Every request, no matter how simple, turns into a long miserable experience.and AIB appeared to make it very difficult for people to open new accounts with them.
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