BankingBusiness

Bank of Ireland: Makes it easier for asylum seekers to open bank accounts

  • Bank of Ireland regulated by the Central Bank of Ireland. In the UK, the Bank of Ireland  authorised by the Central Bank of Ireland
  • Account opening process reviewed to make it more user-friendly for asylum seekers
  • The new website hub provides guidance and support with information in 19 languages
  • Financial inclusion is a key pillar of the Bank’s Financial Wellbeing programme
  • Asylum seekers may the traditional documentation that most banks including Bank of Ireland require to set up a bank account
  • The Bank today launched a dedicated website hub for asylum seekers with summary information provided in 19 languages
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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