Danske switch requires careful attention

As Danske winds up its personal banking business, customers are appraising the options offered elsewhere , writes Emma Kennedy.

13th April, 2014
Consumers need to leave enough time to make the switch.

More than half of Danske Bank's current accounts have already closed, with the rest set to be wound up by the middle of this year.

For the bank's current account customers, it means that time is running out to choose another bank to handle their day-to-day banking.

Danske Bank announced last October that it would be withdrawing from the Irish personal banking market, leaving about 100,000 personal banking customers seeking a new home.

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