Hi,
I moved my family to Australia during the Covid outbreak in 2020 and we leased our former family home through a property agent. The mortgage on the property is a five year fixed rate at 3% since early 2018. We are using our KBC joint account to receive rent and to pay the BOI mortgage via direct debit. Obviously the clock is ticking on the KBC closure. I visited AIB when I visited earlier this year to try and re-activate a joint account we hold there, but the process is quite involved requiring statutory declarations to a solicitor here in Australia and I haven't completed that process (yet). I've recently started using Wise.com and am very impressed with them compared to Currency Fair whom I had been using previously. Wise.com is comparable to Revolut for my purposes and could be an alternative to AIB.
I've two questions to ask in the context of our status as non owner occupiers on an owner occupier rate.
1) Will BOI accept a Wise.com IBAN for Direct Debit purposes?
2) Can we renew our 5 year fixed term?
Thanks,
Jambo
I moved my family to Australia during the Covid outbreak in 2020 and we leased our former family home through a property agent. The mortgage on the property is a five year fixed rate at 3% since early 2018. We are using our KBC joint account to receive rent and to pay the BOI mortgage via direct debit. Obviously the clock is ticking on the KBC closure. I visited AIB when I visited earlier this year to try and re-activate a joint account we hold there, but the process is quite involved requiring statutory declarations to a solicitor here in Australia and I haven't completed that process (yet). I've recently started using Wise.com and am very impressed with them compared to Currency Fair whom I had been using previously. Wise.com is comparable to Revolut for my purposes and could be an alternative to AIB.
I've two questions to ask in the context of our status as non owner occupiers on an owner occupier rate.
1) Will BOI accept a Wise.com IBAN for Direct Debit purposes?
2) Can we renew our 5 year fixed term?
Thanks,
Jambo