BoI customers who withdrew cash during blackout won't face damaged credit ratings

Bank of Ireland CEO Myles O’Grady said: “We know we need to do better in future. We continue to invest in our technology to ensure customers have the very best banking services.”

Bank of Ireland customers who withdrew up to €1,000 in this week’s banking services blackout may not have their credit rating affected if they don’t have an existing overdraft arrangement, the Central Bank has confirmed.

Earlier in the week, a Bank of Ireland spokesperson warned customers who had withdrawn sums of cash up to €500 or transferred up to €1,000 onto Revolut cards during Monday’s technical failure that an unauthorised overdraft on their account could impact their credit rating.