What are the Irish bank regulation when resident customers become non-residents? Would the account me automatically closed and any savings forfeited? If the account remains active is DIRT still being collected?
What are the Irish bank regulation when resident customers become non-residents? Would the account me automatically closed and any savings forfeited? If the account remains active is DIRT still being collected?
Some banks will close the account and post a cheque out for the balance.
Nationwide UK (Ireland) wire the the money into a zero interest rate account.
Some banks will let you keep the account open.
DIRT will still be collected unless you inform the bank that you are non-resident, the bank keep the account open, and you fill out a non-resident deceleration document.