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Ethical reason for choosing Bank

  • 08-09-2014 1:57pm
    #1
    Kewreeuss
    Registered Users, Registered Users 2 Posts: 744 ✭✭✭


    I'm looking at a savings account.
    The choice is between PTSB and KBC.
    Is there any ethical reason why I should choose one over the other?
    Or should just go with the one paying the best interest.


Comments

  • #2
    homer911
    Registered Users, Registered Users 2 Posts: 5,150 ✭✭✭homer911


    Be aware that if you only want a savings account, you can lodge money to the KBC account by account transfer, but you can only withdraw funds by writing them a letter and posting it in - they dont have many "branches"

    (You must have a KBC current account, in order to withdraw money from a KBC savings account online - I closed my savings account last month because of this)

    I'm not sure of the situation of extracting funds from ptsb, but at least they have a lot more branches..


  • #3
    Kewreeuss
    Registered Users, Registered Users 2 Posts: 744 ✭✭✭Kewreeuss


    thanks Homer,
    Do you mean that while I may be able to (can I?) transfer money from my aib current a/c to kbc savings a/c, I can't transfer the money back out to aib directly?


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