AIB new monthly charge

Using Wise now but main account AIB. Wise hasn't let me down like Revolut has. Revolut are clowns and if they lock your account good luck 👍 it was months in our case to get it unlocked.

Still have AIB mortgage so not sure if that gets me off the hook for the new fees. (Will read the memo eventually)

If you have mortgage with AIB, then you're exempt from the €6 per month charges.

Had an issue with AIB last year and when i attended the bank in Stillorgan they directed me to a phone line for help as they'd "nobody available to serve me" at the windows at that time. That was the last straw for me and moved all my savings into a credit union account later that week and use Revolut for my day to day now.

As in, no outgoings or use of bank card?

I've my mortgage with AIB too, so I likewise get free banking. I'm not too inclined to switch provider as it seems a lot of hassle and faff, and anyway whenever I do a cost comparison AIB do turn out to be surprisingly competitive, so I'm not sure it's worth the trade-off either.

Interesting so no activity means no fee, therefore I could move day to day banking to Monzo and keep the aib as a backup in case I need lodge cheque or something.

Though maybe they charge a fee if you just want to login to check whatever balance you have there

If you want to buy a car from an individual for say €20k, and they want a direct transfer to their account, in real time, can Monzo or Revolut handle that?

I really, really miss Rabo bank, that the government ran out of the country to stifle competition.

Money goes out instantly from Revolut (can't say about Monzo but I would imagine the same), however the receiver's bank "refresh" to realise the incoming transfer is obviously dependent on them. Recently I noticed they started to be a lot faster in general, but I've seen some delays from AIB.

I bought a car a couple of years ago Revolut to Revolut for €17K (or thereabouts) and immediate payment no problems. Usual 20 checks I have to click through to confirm that it's not a scam, but that's probably a good thing! Anyway yes a big enough payment was no problem. If it has been Revolut to another bank I dunno times though

When I was getting my mortgage via AIB, €10k was the maximum I could transfer online and anything larger needed 1998 to get it's banking back; i.e. go into a branch (and good luck with that, these days), talk to actual real people (likewise), fill out a paper-based form (black ink only, all caps, on shiny paper that the ink smudges on, naturally) and wait days for the transfer to go through, all the while with all other parties nagging at me about where their money was. I don't know if that's improved or not since.

Interestingly, I just checked my AIB account and the way they apply it is they first deduct "fees" for the appropriate amount, then refund the same amount as "no fees". So you need to be sure to always keep at least that amount in your account, and their IT system is obviously able to handle deductions and refunds, but not €0 amounts.

Obviously yes.