I am considering switching to Halifax for my personal banking,
I don’t believe they are as exposed to the Irish Property Market as others are but I don’t know how they are fixed Uk wise and international in this time of the big liquidity crisis.
They “SEEM” to be offering relatively good deals, comparable witht the best Irish Banks, but as I said in point one I think I might want to avoid Irish banks for the next few years.
SIDE NOTE: Talking to the REP they informed me that if you a Bank OF Ireland customer and use internet banking you are charged, but if you call into your branch and ask not to be charged for the service anymore your wish shall be granted! Is this true??? Has any one experience of this?
Visa Debit instead of Laser.
Better online banking. You can set up standing orders online, make payment to any other bank straight away (tried adding a beneficiary with Banking 365 lately? You have to wait for a confirmation code by post before you can make a payment!)
Open on Saturdays.
First Active and Ulster bank are part of the RBS group,the third biggest bank in Europe apparently, so you should be fine there.
If not the UK is in dire shit,so RBS would be bailed out by the Treasury in any event following on from the NR debacle.
Ptsb while maybe slightly exposed to the housing market , signed up over 200,000 current account holders on the switcher deal alone according to them.
Most of these have their wages paid directly into the bank,so i’d say they have serious amonts of money coming in every week.
I have some money in Ptsb, <€20,000 mind you and i wouldn’t be too concerned.
I actually moved my current account away from BOI over this very point. It was a bit of a rash move, but one year on and it appears to be worse if anything - a year ago you could make the first payment of up to 500 over the phone the same day.
I’ve just opened a Halifax account,just one disadvantage I’ve noticed,they are currently using other banks cash machines as they dont have there own yet and you cannot check your balance from these,other than that very good .