Union: Going ‘off-street’ could backfire

The bank union IBOA has warned that AIB’s move off-street — forcing its customers to bank online or by phone — could backfire as was proven by the Ulster Bank fiasco.

The bank is closing 67 locations across the Republic, including eight in counties Donegal and Limerick, seven in Cork, six in Dublin, and four in Kerry.

While it will introduce four “mobile banks” covering 31 rural locations across Donegal, Mayo, Galway, Clare, Tipperary, Limerick, Kerry, and Cork, it wants more customers to control their accounts electronically.