Ulster Bank scraps fees as price war begins
Ulster Bank, the third-largest bank with more than 125 branches nationwide, said that new and existing customers will no longer face account maintenance charges, laser/ATM fees or have to pay for direct debits. It has removed fees for setting up overdrafts and introduced Ireland’s lowest overdraft repayment rate.
The move follows Bank of Scotland’s opening of its first high street branches in Ireland in the biggest shake-up of the banking sector in decades.
