AIB to make 70 branches cashless

AIB will make 70 of its 170 branches cashless this autumn, as it claims demand for cash services has dropped and the cost of security has risen.

The bank says the move will allow it to focus on other priorities, including mortgages, loans and investments.

It’s also expanding its services with An Post, so that AIB customers can lodge up to 5,000 euro a week and withdraw 1,500 in cash a day from their bank account at any post office.

Public Affairs Manager at An Post, Angus Laverty, has further details of the update:

“Normally when a customer would go to their local AIB branch to do some of their everyday banking and to get cash, now they will be directed to their local post office where they’ll go for all their everyday banking needs. And so that’s currently available all over the country in any of our 920 odd post offices.”

 


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