Ulster Bank customers will be given a six months notice to close their accounts and find a new bank from early 2022.
The bank said today they are encouraging customers to get prepared for changes coming in 2022 as part of the bank’s withdrawal from the Irish market.
Ulster Bank said they are still continuing to serve existing customers, so no action is required by customers yet.
“Ulster Bank will contact customers directly when they need to take action and this will commence in early 2022 when we plan to begin to serve formal account closure notice to current account and deposit account customers,” the bank said.
“In advance of this, Ulster Bank is encouraging customers to consider their options, avail of supports and get ready to choose a new banking provider, particularly for customers’ current and deposit accounts.”
“Over the coming months we will engage with customers, including those who might need more support, to help them to get ready to choose a new provider, with a view to move & close their accounts,” the bank continued.
“However, if customers are ready now, we are encouraging them to review their Ulster Bank accounts or make an appointment to review their Ulster Bank accounts.”