Allied Irish Bank business bank account comparison and review

British businesses can open a current account with Allied Irish Bank - we take a look at what it offers.

No reviews yet. Write a review
Allied Irish Bank

Allied Irish Bank offers a range of current accounts for business owners. In this guide, you’ll learn all about the features available with Allied Irish Bank business accounts and how well they compare to other accounts from other banks.

Compare Allied Irish Bank’s business accounts

Name Product Account fee Bank transfers Requires credit check Arranged overdraft Accounting integrations Account management Key benefits Business bottom txt Link
No items match the given criteria.
loading

What type of business account does Allied Irish Bank have?

Allied Irish Bank is a major bank in its native Ireland, but it also has a banking division in Great Britain.

This subsidiary offers a range of bank accounts, saving products and loans. It has 21 branches in Britain, and some banking services can also be carried out in person at Post Offices.

At the moment, Allied Irish Bank (GB) offers one business current account to its customers.

What are the fees for an Allied Irish Bank business account?

There are quite a few fees to take note of with an Allied Irish Bank business current account, which include:

  • Quarterly account fee: £10
  • Debit card transactions: 55p each
  • Direct debits and standing orders: 55p each
  • Notes/coins paid in at a bank branch: 65p per £100 / £1.50 per £100
  • Notes and coins paid in at a Post Office: 65p per £100
  • Cheques cashed at a Post Office: 70p each

What are the features of an Allied Irish Bank business account?

  • Internet banking
  • Electronic payments, direct debits and standing orders
  • Cash pay-in at branches and Post Offices
  • Business debit card
  • Overdraft facility

International banking with an Allied Irish Bank business account

You can make electronic payments from your Allied Irish Bank business account to people or other companies that have accounts at overseas banks. These payments can be made in a range of currencies, although there may be additional charges for this.

Also, the business debit card that accompanies this account is a Visa, so you can use it anywhere in the world where Visa debit is an accepted form of payment.

What do I need to open an Allied Irish Bank business account?

To open a business current account with Allied Irish Bank you will need the following:

  • Proof of identity
  • Proof of address
  • Your registered business name
  • Your contact details

The bank may also ask you for more details about your business when you go through the account opening process.

How can I contact Allied Irish Bank?

You can call the bank on 0345 600 5204 to open a business current account.

Pros and cons of the Allied Irish Bank business account

Pros

  • In-person banking possible at its small branch network and at Post Offices.
  • Internet banking.
  • Business debit card for use at home or abroad.
  • Overdraft available.

Cons

  • Only one type of business account available.
  • Monthly account fee and other transaction fees are not the most competitive.

Customer service information for Allied Irish Bank

Email support
Telephone support
In-app or live chat
Contact form
Branch support

Our Allied Irish Bank business bank account verdict

Allied Irish Bank only has one business account available, which is unusual for a bank with a high street presence. That said, its high street presence is quite limited in Britain, although it is possible to carry out some banking transactions, such as paying in cash and cheques, at branches of the Post Office. Fees associated with this business account are a bit pricey (and you have to pay for debit card transactions), so if your business account has a high transaction volume, you might be better off looking elsewhere.

Get started by visiting Allied Irish Bank’s website and sign up for an account. If you have read this review and decided that Allied Irish Bank’s account is not for you, you can also compare other business bank accounts on the market.

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you. Most of the data in Finder's comparison tables has the source: Moneyfacts Group PLC. In other cases, Finder has sourced data directly from providers.
Michelle Stevens's headshot
Deputy editor

Michelle Stevens is a deputy editor at Finder, specialising in banking, finance, credit and mortgages. She has a journalism degree from the University of Sheffield and has been a journalist for 15 years, writing on topics including fintech, payment systems and retail. In her spare time, Michelle likes to travel, explore new foodie experiences and attempt to improve her own culinary skills. See full bio

Michelle's expertise
Michelle has written 117 Finder guides across topics including:
  • Banking
  • Mortgages
  • Credit
  • Fintech
  • Payments

More guides on Finder

  • BMW roadside assistance

    Discover breakdown coverage that includes roadside assistance for your BMW across Europe or the UK. Learn about what’s covered and what’s not.

  • Ford roadside assistance

    Seek breakdown cover featuring roadside assistance tailored for your Ford in Europe or the UK. Explore the inclusions and exclusions.

  • Audi roadside assistance

    Find breakdown assistance with roadside support for your Audi in Europe or the UK. Understand what’s covered and what isn’t.

  • Volkswagen (VW) roadside assistance

    Find breakdown protection including roadside aid for your Volkswagen (VW) in Europe or the UK. Find out about the inclusions and exclusions.

  • Mercedes roadside assistance

    Search for breakdown insurance with roadside assistance for your Mercedes in Europe or the UK. Review what’s included and what’s excluded.

  • Skoda roadside assistance

    Find breakdown service that includes roadside help for your Skoda in Europe or the UK. Get details on the coverage and exclusions.

  • Hyundai roadside assistance

    Discover breakdown cover offering roadside support for your Hyundai in Europe or the UK. Check what’s provided and what’s not covered.

  • Pension contribution tax relief calculator

    You can use this calculator to find out how much tax on pension contributions you may be able to reclaim from HMRC if your pension scheme uses ‘relief at source’.

  • Toyota roadside assistance

    Find breakdown cover with roadside assistance for your Toyota in Europe or the UK. Plus, what’s included and what isn’t.

  • Barclays Bank switch deal: July 2024

    We explain how to bag Barclays’£175 switch offer as there are some strings attached.

Go to site