AIB current account holders to qualify for free transaction banking

AIB customers with personal current accounts who, each quarter, use AIB phone/internet banking and their AIB debit card for one transaction will now qualify for free transaction banking.

The bank said this was the first in a series of initiatives to be introduced in the coming weeks focusing on personal banking customers.

AIB’s internet banking service was introduced in 1997 and handled 25 million logons and seven million transactions last year.

AIB internet banking now also offers customers the facility to make payments to third party accounts in both Ireland and abroad – a feature unique to AIB.

AIB's free transaction banking will begin in the fee quarter starting May 27.