Avant/Bankinter launch deposit product in Irish market

Maybe they reached the 1500 limit?
Needless hassle and messing imo - they obviously don't want the business that much
 
I applied this evening and it now being reviewed by the team. I downloaded the app as instructed, but it will not open up on my phone, and I can’t get it on my iPad as it says it’s not compatible with the device. Anyone else had this issue?
 
It took another 12 + hours before I could fully open the app, has all my details now but I cannot see or find the full IBAN number to transfer the money to, only showing the last 4 digits, tried settings, documents etc but to no avail.
 
I have uninstalled the app and will try again later. I’m on android 14 and ios15, so they both should work.
 
Shelby219 said:
It took another 12 + hours before I could fully open the app, has all my details now but I cannot see or find the full IBAN number to transfer the money to, only showing the last 4 digits, tried settings, documents etc but to no avail.
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What I read implied to me that they would take the direct debit from another bank account you give them as part of the sign up process.

FAQ
How do I put money into my Personal Fixed Term Deposit Account?
Your deposit will be collected by a one off direct debit from your current account information provided in the application process.
 
Is it possible to make a second lodgement after the initial draft?
 
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theresa1 said:
"Avant Money, the Irish arm of Spain’s Bankinter, plans to pilot a current account offering later this year following the full market launch of its Deposit Plus savings product this month."
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Avant originally said November, then December, then early 2026 and now February 2026. Something has delayed the launch.

Good to see a second commitment from Avant to a current account offering but sounds like another protracted soft launch process for current accounts too.
 
Ive just set up an account with bankinter (last night) and they will do a dd in 2 days. My bank have a limit on withdrawal amounts.

Ive asked bankinter can i do two payments. Awaiting response

Anyone experience similar?
 
Orla73 said:
Ive just set up an account with bankinter (last night) and they will do a dd in 2 days. My bank have a limit on withdrawal amounts.

Ive asked bankinter can i do two payments. Awaiting response
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I would be surprised if your bank limits the DD from another bank. I know for example that when I set up a deposit account with BOI, BOI were able to take a sum by once-off DD from my AIB account that is well above normal AIB daily limits.
 
Thanks for your reply.
I asked ptsb support this morning. They said id have to fill in a form, and bring I.D. to bank.
Im at work so wont be able to do that.

Im hoping bankinter allow multiple transactions - im awaiting them to come back rang them earliar.
 
Ptsb are v concerned that taking it DD?

I dropped into the bank and I ended up talking to at least 3 managers from different braches. None of them heard of a bank taking a dd.

The girl in office had me terrified about fraud etc.

Bankinter told me dd is the only way they tske deposits.
 
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Clubman i dropped into ptsb, showed ptsb my letter that outlines its done dd. I sat there listening mgrs from other ptsb braches on call -all them say its not normal practice.

The girl in the branch was talking fraud.

I was totally freaked out ive moved my savings in fear something will happen.


I rang bankinter. They said they do dd with all banks inluding ptsb. Tried to reassure me. How can i take the word of a person on a call to a bank i signed up to last night vs ptsb my msin bank...?
 
Orla73 said:
None of them heard of a bank taking a dd.
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It is a really unusual and strange method to fund deposit accounts used by BankInter.

I have never seen deposit accounts been funded this way either. The normal and standard method is banking transfers. Not DD.

I wonder why BankInter are doing it this way, I guess there is IT constraints on their side until they have current account product in place. Perhaps.

Orla73 said:
The girl in the branch was talking fraud.

I was totally freaked out ive moved my savings in fear something will happen.
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It is not fraud. Your savings should be fine.
 
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