Bank of Ireland to introduce Netflix-style monthly fee for bank charges

The bank is eliminating individual fees for contactless payments, ATM withdrawals, in-branch transactions and unpaid direct debits
Bank of Ireland to introduce Netflix-style monthly fee for bank charges

Bank of Ireland also announced it was joining other banks in making Google Pay available to its customers from next week. Picture: Jason Alden/Bloomberg

The changes will not come into effect until the end of November but the bank is eliminating individual fees for contactless payments, ATM withdrawals and lodgements, in-branch transactions and unpaid direct debits.

Bank of Ireland also announced it was joining other banks in making Google Pay available to its customers from next week allowing users to pay for goods with their phone.

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