AIB going cashless around Kerry.

Igotadose

Getting rid of ATM's too. There's a protest planned. Really bad idea imo, cash won't go away despite the banksters drooling desire for such to happen.

https://www.independent.ie/regionals/kerryman/news/protest-planned-amid-furious-reaction-to-aibs-decision-to-turn-off-the-cash-in-kerry-41855791.html

coylemj

People are going to march up and down the street. And local representatives will make lots of speeches from the back of a truck.

You know what will happen next? That's right, the bank will shut down the services as announced.

BronsonTB

Not just Kerry, It's all around the country, not so sure why Kerry's protest is getting so much of the publicity.

Do you not have Post Offices in Kerry, or are you still using stagecoaches to move the mail around?

Igotadose

https://www.boards.ie/discussion/comment/119369106#Comment_119369106

Because of the All Ireland? I think the numbers show all of Kerry losing AIB ATM's. That's harsh.

Igotadose

https://www.boards.ie/discussion/comment/119369109#Comment_119369109

As that paragon of political wisdom Danny Healey-Rae said, "They're closing post offices, too." He has a point, much like a stopped analogue clock is right twice a day.

https://www.boards.ie/discussion/comment/119369114#Comment_119369114

There a lot more Post Offices than there are AIB Branches though.

Igotadose

https://www.boards.ie/discussion/comment/119369129#Comment_119369129

What your missing though, is the loss of the ATM's will be more impactful. In a town like Dingle which survives on tourist trade, there'll be one ATM on the street - BoI. Tour busses regularly disgorge people in front of it. Imagine if it's busted or out of funds. Today, they can try the AIB ATM. Soon, no. Shortsighted. Sure, AIB customers can get cash at the PO, but even that's less convenient - can't get it after hours like they can today at the ATM, for example.

Saying "Use the PO instead" means "Get used to less services" like so much nowadays.

Not clear why AIB are doing this, there's tonnes of money in Ireland why can't the banks make a go of it?

Dempo1

Honestly I can't see what the hullabaloo is over. Banks have essentially being limiting services at branches for years, they almost treat any customers going into them with contempt, they just don't want to be bothered by customers.

I can fully appreciate that this decision will have an impact on vulnerable or elderly customers and Cash Businesses but AIB have facilities and access to cash at the P/O network and are in discussions to expand those services.

I personally wouldn't touch AIB with a barge pole and had been with KBC who've not had a branch network for years and no partnership with an post, obviously I'm computer and tech savy and can navigate apps and online banking and not everyone can.

Bank branches, like Network mobile phone shops and the presence on the High Street by many business will be a thing of the past in the next decade, that's just a reality.

Obviously closures of rural Post offices is a concern but this government seems determined to keep this network open, albeit with a reduction of locations.

Do you still barter?

Cash is finished, get Google pay and move on.

https://www.boards.ie/discussion/comment/119369157#Comment_119369157

Because people in Ireland whinge about paying bank charges. Does everyone expect AIB to provide this service for free?

AIB can see the writing on the wall for cash. Card transactions are growing hugely in popularity and value, particularly after Covid and people not wanting to handle manky notes and coins.

Card/tap transactions are quicker, safer and more convenient than cash.

Drug dealers and tax evaders will be most disappointed, everyone else will acclimatise.

Igotadose

https://www.boards.ie/discussion/comment/119369159#Comment_119369159

Hasn't KBC left Ireland?

Igotadose

https://www.boards.ie/discussion/comment/119369180#Comment_119369180

Until someone breaks into the tap network or there's a huge leak of ID's or whatever. And as pointed out, many older folks don't have smartphones nor want them. Cash has its place and always will. Will you tip the paperboy with a tap? Can't' wait to see the tap terminals in churches (I know, they exist in the US not sure about Ireland.) Collection plate readers, heh.

guyfo

Am I missing something here?

I can think of dozens of ATMs near me in places like Spar, Centra, filling stations, super markets and other services like lodgment can be done at the post office, whats the big issue?

Do shops not give cash back in kerry? Is it illegal to have an ATM other than outside a bank in kerry? How do these people get the cash out of an atm they don't have a card which could be easily tapped at any shop? Are sum up terminals illegal in kerry? Is it illegal to change banks in kerry?

My account is with AIB by the way.

Dempo1

https://www.boards.ie/discussion/comment/119369181#Comment_119369181

No, not yet, a few more months, they are winding down, its believed all accounts will be closed by January, I've already set up new accounts, but maintaing KBC until the end as they've waived all Bank charges for the remainder of their time here. I'll miss them, honestly never had a single issue with them and app, brilliant.

https://www.boards.ie/discussion/comment/119369189#Comment_119369189

Only the elderly at church, so no need for a card reader as they don't use phones or cards apparently.

And that's absolutely nonsense,many elderly have phones and debit cards and are well capable of using them. If an elderly person can withdraw cash from an ATM they can tap a card or insert it to the terminal and enter their pin.

Tips go on the card when paying the bill, so yes I'll be tipping by card.

Paperboy? Have we gone back to the 1970s?

Igotadose

https://www.boards.ie/discussion/comment/119369268#Comment_119369268

FFS. There's always needs for cash. Tips, donation boxes, whatever. Cashless society's been predicted for the last 50 years, not going to happen.

What's bad about this is the endless reduction of services by the 'service economy.' They care about us very much, except not more than maximizing profits.

Ubbquittious

Fcuk cashless.

https://www.boards.ie/discussion/comment/119369319#Comment_119369319

Not really, donations and tips can be made by card. Why would these transactions need to be made by cash?

Donations by card will likely be higher than cash, you're not going to tap a card for 50cent but that kind of shrapnel is what gets thrown into charity buckets. So I'd wager charities will be benefit from the move to cashless.

A poster on another thread mentioned he's been living in Sweden for a couple of years and has used cash 3 times. It's day is done. Ireland just slow to the party as usual.

https://www.boards.ie/discussion/comment/119369320#Comment_119369320

Are you a chipper, tradesman or taxi man?

SuperBowserWorld

https://www.boards.ie/discussion/comment/119369205#Comment_119369205

Yep, excellent point and handier and safer than getting cash outside a bank.

L1011

https://www.boards.ie/discussion/comment/119369159#Comment_119369159

KBC still have a branch network... albeit they're leaving entirely.

They closed a few branches during the will they/won't they stage of deciding to leave Ireland but the others are still going. And still selling new services surreally.

L1011

https://www.boards.ie/discussion/comment/119369335#Comment_119369335

In 2012 I couldn't find a single working ATM in Malmo - the one that was working for a few Swedish customers was not a member of an interbank system that BOI used. I had no trouble buying anything with card.

https://www.boards.ie/discussion/comment/119369396#Comment_119369396

Ah but don't forget about the legends / cute hoors in Ireland who take cash, don't pay tax, then moan about the crap public services we have here, and then say why can't we be more like the Nordic countries...

This week I tried to rent out an apartment before going homeless.

Non-cash system caused me to lose the apartment as first when trying to secure the apartment I couldn't send the deposit, as when I set up the new payee, I can only send €1000 in first 48 hours.

The landlord was willing to wait until 48 hours thankfully.

Then when I could send the 1st month rent, the app doesn't accept my pin and my account gets locked. Tried resetting the pin using automatic call as after 5pm. Still locked.

Wouldn't be surprised if the landlord says forget it. Must think we are right chancers. If only they accepted cash.

Dempo1

https://www.boards.ie/discussion/comment/119369387#Comment_119369387

They have a Hub network which is akin to a Kiosk service and not a full branch service , in the many years I've been with KBC , I've not stepped inside one once and only a handful of these around the country, I'd hardly call that a branch network, which they closed years ago.

Igotadose

https://www.boards.ie/discussion/comment/119369425#Comment_119369425

Yeah, Ireland's online banking is pretty pathetic. I can't install the BoI app on my phone (too old.) Nor do I want it, herself has it and it's a nightmare and so much less secure than their website was. Lose the phone and if the bad guys can unlock it, it's off to the races.

L1011

https://www.boards.ie/discussion/comment/119369434#Comment_119369434

That's all they ever had though?

Are you thinking of ACC, which became Rabobank? They had and closed a branch network.

First Active (subsumed to Ulster), BOSI->Halifax and Danske are the other total 21st century branch network closures.

https://www.boards.ie/discussion/comment/119369439#Comment_119369439

You're watching too many James Bond movies mate. What happens when you lose a wallet with cash in it, gone forever.

Put proper security features on your phone and you'll be fine.

Dempo1

https://www.boards.ie/discussion/comment/119369441#Comment_119369441

No , KBC Had a full branch network when they arrived, I'm unsure if they took over NIB or Dansk bank branches but definitely had branches, I actually opened my account in their NAAS ,branch. They briefly expanded the branch network but eventually went essentially digital and opened a few Hubs around the country but very few

L1011

https://www.boards.ie/discussion/comment/119369477#Comment_119369477

KBC 'arrived' in Ireland in the 1970s when they bought IIB (that didn't had branches). They only rebranded to KBC in the late 00s or early 10s. They absolutely had no branch network prior to the rebrand. They never bought anyone elses branch network, they only started with the Hubs when they went full service in the mid 10s.

I'm really, really sure you're thinking of ACC here.

machiavellianme

https://www.boards.ie/discussion/comment/119369168#Comment_119369168

How do you buy a new heifer with Google Pay in a field with no reception?

It'll get fierce interesting this winter when the power goes out and takes the Internet with it. Good luck to you trying to buy briquettes with a dead phone.

Dempo1

https://www.boards.ie/discussion/comment/119369499#Comment_119369499

I am not as I've explained, I've been with KBC for at least 10 years , they had a branch work , I'm not sure why your doubting this. Their actual arrival as a retail banking entity in Ireland was way later than 1970l's , they may have had a commercial presence but not retail presence in the 70's .That occurred in the early 2000's

Infact in 2020 they only had 16 Hubs left in the entire country, some were former branches , Stillorgan as an example.

I believe they initially took over NIB branch network and eventually closed branches , set up Hubs and some were former branches.

I've absolutely no idea what KBC we're prior to becoming a retail bank in Ireland, I've only ever been a personal customer.

L1011

https://www.boards.ie/discussion/comment/119369578#Comment_119369578

I'm doubting (its actually rather stronger than doubt) you because they just simply didn't exist.

KBC opened a Hub in Naas in 2015. They did not have a branch in Naas at any point prior. This has since closed (2020 I believe).

They did not take over NIB branches. They did not take over anyones branches

You are just massively misremembering here. If you signed up in Naas it was in a hub, in or after 2015. You did not sign up in a branch prior to that as there was never a branch prior to that.

KBC did not even offer current accounts 10 years ago, so it is obvious that you do not have your dates right.

Gooser14

https://www.boards.ie/discussion/comment/119369439#Comment_119369439

Even if the bad guys succeeded in unlocking your phone they would still need to know your BoI 365 PIN to access your online account.

I would be more concerned about using Google Pay on my phone as you don't have to unlock the phone to make contacless payments. You only have to wake up the phone to use the contactless payments function. For that reason I disable the NFC function as soon as I complete a Google Pay contactless payment.

L1011

https://www.boards.ie/discussion/comment/119369644#Comment_119369644

You can force the phone to request PIN or biometrics before allowing a payment.

https://www.boards.ie/discussion/comment/119369506#Comment_119369506

This thread is hilarious, what sort of time warp are you in outside the M50? Takes the Internet with it, actually crying laughing here.

If the power goes the shop selling briquettes won't be open to sell them to you , regardless of payment method. At least you'll be able to burn your cash to stay warm.

Dempo1

https://www.boards.ie/discussion/comment/119369588#Comment_119369588

I may have my dates incorrect, it's really not something I've obsessed over and your going way off topic to prove an unprovable point .

The fact remains, KBC Had a Branch Network, Took over another banks branch network,(NIB I believe) wound it down gradually and went with the Hub Model

From Wikipedia, more in the complete article

"KBC began operating a branch network in 2012 with a further build-out in 2014. This follows the exit of Halifax Ireland and Danske Bank from the Irish retail market, with some branches being located in former locations of those banks"

L1011

https://www.boards.ie/discussion/comment/119369665#Comment_119369665

You have your dates wrong, and everything else. And you certainly seem obsessed enough to keep arguing that black is white.

KBC only ever had the hub branch network, which they still mostly have. They never took over anyone else's branch network. One or two of them happen to have coincidentally been in former BOSI/Halifax branches, that were closed for years in between and not bought directly. Danske had possibly 100 branches, Halifax also had more than KBC did even at peak.

You did not sign up for an account in a branch in Naas prior to the 2015 opening of the hub there. End of.

Dempo1

https://www.boards.ie/discussion/comment/119369681#Comment_119369681

I give up , honestly a bewildering pedantic discussion. Honestly read the Wikipedia article , I'm no banking expert but it's all there .

Have you thoughts on AIB's decision 🤔

cnocbui

https://www.boards.ie/discussion/comment/119369458#Comment_119369458

What happens when there's a big storm and many areas of country are without power for many hours or even days? I've never lost a wallet full of cash but I have had cards fail to be accepted for no reason and witnessed more instances of card rejections ahead of me at checkouts than I could number. I have never once seen a cash payment fail to go through.

L1011

https://www.boards.ie/discussion/comment/119369690#Comment_119369690

It's not bewildering - you have a massively corrupted timeline in your memory. That's all.

AIB are clearly intending to cut their branch network to the bone; the removal of the ATMs shows that.

Its not just Kerry that's going to be left with no banks. Rural Donegal is going to be left with two (cashless) AIBs - Killybegs and Dungloe, one BOI - Falcarragh, and after everything settles, one PTSB (they are buying some Ulster branches) that may or may not be cashless - Glenties.

Every settlement of more than maybe 600 people had a bank branch even in the early 00s - some were very part time, admittedly (NIB/Danske Arranmore was one day a week in a pub lounge - AIB took that over briefly after Danske left). Some of these don't have even have post offices now, and the post office replacement service is bugger all use for businesses. Going to be some interesting fallout.

Doe Tiden

I don’t get the uproar about cashless banks, if you don’t like the service AIB provides move bank, if there isn’t an alternative make do, All the old folk people seem to be so worried about got on ok during the covid lockdown.

Anyone I’ve had this discussion with either is pretty much all cashless or tells me how it’ll affect a certain cohort of people but not them!

Either way the post office is open for cash and a while back people were roaring about them closing at least now they’ll have another feather in their hat,

wouldn’t most people getting paid sw or oap in cash pick it up in the post office anyway?

https://www.boards.ie/discussion/comment/119369706#Comment_119369706

A card rejection at the till is most likely lack of funds. Had you stood behind that person at an ATM you would have witnessed the same result.

If your local AIB is affected by this you can use the post office. There was uproar in recent years about post offices closing, here is a great opportunity for An Post to deliver cash services in local communities. They're well used to handling large amounts of cash for welfare payments.

Do consider though that AIB will have 2 years worth of data since the beginning of the covid pandemic that proves non cash transactions are outstripping cash transactions at a huge pace, and this is back up by figures released by the Banking and Payments Federation of Ireland. The stats show that cash usage is like catholic weddings, hanging in there like a bad smell because an older cohort seem to want it. But the younger generations coming behind aren't interested.

Doe Tiden

https://www.boards.ie/discussion/comment/119369764#Comment_119369764

Tapping your card on a little square box and saying cheers and moving on?

Dempo1

Are you suggesting I'm being misleading, hardly appropriate for a Moderator, I've told you I was unsure of dates , never hid that, how many people do you seriously know date and time they opened a bank account 🤔

I personally believe I've banked with KBC for at least 10 years, they had a Branch network, wound it down , moved to a Hub model these are facts and you just refuse to accept this and then swipes. Really 🙄

Your persistence on an entirely unrelated matter is extraordinary, isn't it any wonder folks don't post their thoughts , opinions experiences on Boards without having to fear getting into extraordinary back and fourths.

My word I've come to expect this in Political threads not on a predictable Banking decision.

I'm not responding further to this , it's getting absurd

Strumms

https://www.boards.ie/discussion/comment/119369706#Comment_119369706

Personally I think it should be illegal for any business to be of the ability to refuse legal tender. Under a certain value say 3000 euros…

L1011

https://www.boards.ie/discussion/comment/119369783#Comment_119369783

I'm suggesting your memories are wildly incorrect, as backed up by reality (KBC didn't even have a current account product 10 years ago, they never bought anyones branch network, their only ever branch in Naas opened in 2015, etc).

You may claim these are facts, but they absolutely and utterly aren't - you are mistaken. Every bit of evidence shows that you are mistaken. Nothing here is "swipes", just pointing out that actual reality cannot allow your mistaken memories to be real.

I would suggest you read up on the Mandela Effect. I suspect you've merged whatever bank you used before KBC in to KBC in your memories - but your memories are not right, and are absolutely not facts.

Doe Tiden

https://www.boards.ie/discussion/comment/119369792#Comment_119369792

what about if all cash transactions over €1500 had to be reported to the revenue?

L1011

https://www.boards.ie/discussion/comment/119369792#Comment_119369792

Legal tender only exists in the case of a debt - and even then there are some limits on it (mainly to stop the "here's 100,000 1 cent coins" type annoyance stunts). It's implausible that the concept would be extended to normal purchases.

https://www.boards.ie/discussion/comment/119369815#Comment_119369815

There would be a sign in the shopsaying cash balances greater than €1,499 not accepted