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.
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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.
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.
There are quite a few fees to take note of with an Allied Irish Bank business current account, which include:
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.
To open a business current account with Allied Irish Bank you will need the following:
The bank may also ask you for more details about your business when you go through the account opening process.
You can call the bank on 0345 600 5204 to open a business current account.
Pros
Cons
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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.
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