AIB's recent announcement on changes to its policy on current account fees was the latest indication of a major shift in the retail banking sector.
Of the five current account providers - AIB, Bank of Ireland, Ulster Bank, Permanent Tsb and National Irish Bank - just one, Ulster Bank, does not charge fees for day-to-day transactions by current account customers (see panel).
AIB's move comes after similar efforts by other banks to tighten up on...
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