My Partner went into her local BOI today to take out 100K of her savings to put into another bank so she would be covered under the Deposit Guarantee Scheme of 100K per institute, She was asked to wait and brought down to see a manager who proceeded to convince her to leave her money in the bank as the bank is the safest bank in the country and everything over 100K is covered by Government Guarantee.
She even went so far as to tell her that Bank of Ireland needed no bailout and they were forced into it and there was no need at all as they are very strong.
What do people think about this coming from BOI ? My Partner told her that I had done some research online and with an advisor and had told her to at least not have over 100K in any institute or better still to change it into sterling, She then asked would I be able to come in to see her for a chat. I don’t think I will as I am very annoyed over it and think i would see red with her telling me that the Irish government can guarantee everything.
She even went so far as to tell her that Bank of Ireland needed no bailout and they were forced into it and there was no need at all as they are very strong.
What do people think about this coming from BOI ? My Partner told her that I had done some research online and with an advisor and had told her to at least not have over 100K in any institute or better still to change it into sterling, She then asked would I be able to come in to see her for a chat. I don’t think I will as I am very annoyed over it and think i would see red with her telling me that the Irish government can guarantee everything.