Over 1/3 of Bank of Ireland branches across the Ireland, including 14 branches in Northern Ireland will close their doors today for the last time.
Branches closing in Co. Tipperary are understood to include Templemore, Cashel, Cahir, thus accelerating a shift away from over-the-counter banking, towards digital and online services.
First announced in March; Bank of Ireland will cease to operate its business at 88 locations, as part of significant changes to their branch network and local banking services.
An arrangement with 920 of An Post offices around the country will allow for lodgements and withdrawals, while protecting local access to over-the-counter banking. This latest partnership will be seen as a major boost to an under-pressure post office network, same suffering declining footfall.
In recent months, customers affected by the district closures have been communicated with, informing them of all changes. We understand direct debits and standing order arrangements, together with account numbers, sort codes etc, will continue to remain in place.
However, the withdrawal of ATMs will see some communities next week with no 24/7 access to cash withdrawals.
A lot of anger is being expressed in some of the areas affected, as a result of the closures.
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