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21st Feb 2018

One Of Ireland’s Biggest Banks To Cease Operations Here In May

Darragh Berry

RTÉ is reporting that the online savings bank, RaboDirect, will cease its operations in Ireland. 

It will close on May 16 and as a result will see 31 people lose their jobs in the company. 

RaboDirect Ireland set up here in 2005 and has over 90,000 customers in Ireland with over €3 billion on deposit. 

They announced the news on their website and told customers that they “should close [their] RaboDirect Account(s) and transfer [their] funds to another bank prior to 16th May 2018.”

You can find more information on the closing of the company along with extra customer information and frequently asked questions here

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