The Bank of Ireland is an Irish commercial bank. It is one of the ‘Big Four’ of Irish banks and was established by Royal Charter in 1783.
The Bank of Ireland is not, and never has been, the Irish central bank but has performed many of a central bank’s functions, operating the Exchequer Account, acting as a bank of last resort in the 19th century and serving as the banker of the Irish Government until 1971.
Headquartered in Dublin, the bank operates throughout the Republic of Ireland and Northern Ireland, where it prints its own banknotes in pounds sterling. In the rest of the world, the bank operates mostly through Bank of Ireland Corporate Banking, with services in Australia, the USA, France and Germany. The Bank of Ireland also provides financial services for the British Post Office.
Bank of Ireland Products and Services
Bank of Ireland provides banking services to personal, commercial, agricultural and industrial clients. Services available include:
Checking and deposits
Executor and trustee services
International asset financing
Customers with personal current accounts can also access cashback rewards, offered by well-known brands, through the Live Life Rewards scheme linked to their VISA debit card. Customers can bank online, on mobile, in branch or on the phone.
Bank of Ireland Awards
The Bank of Ireland has been awarded several accolades over its history, most recently winning Best Information Security Initiatives (Corporate/Institutional)’ in Western Europe at the Global Finance Best Digital Bank Awards in 2017.
Security at Bank of Ireland
The bank’s privacy, security and data usage policies are all freely available to read online. Customers concerned about security can also read extensive, constantly updated guidance on the best possible way to keep their information, and their money, safe; this information is also available on the Bank of Ireland website.