Banking

The big switch: As hundreds of thousands move their bank accounts, just what could go wrong?

With KBC and Ulster Bank leaving the Irish market, their customers are in the process of switching accounts to other banks which are advertising for their business. But plenty of pitfalls lie in wait for the unwary

Some 770,000 current and deposit accounts across KBC’s Irish operations and Ulster Bank are being dispersed across AIB, Bank of Ireland and PTSB, as well as to credit unions, An Post and digital challengers such as Revolut and N26. Picture: Fergal Phillips