Supports for businesses affected by COVID-19

Apply for a deferral of business current account fees

Business customers previously received notification that transaction fees for business current accounts for December, January and February were due to be applied to their accounts on March 20th. However, for businesses where cash flow has been temporarily impacted by COVID-19, we are offering a deferral of these fees. This means that the fees that have been applied to business customer’s accounts on March 20th will be refunded to customers for the deferred period where they apply for this and are impacted by COVID-19.

To apply for this deferral, download application form here, complete and email it to covid19feedeferralrequest@boi.com.

Important Information

  • We will refund the current account fees that have been deducted from your Business Current Account on the 20th of March 2020 if your cash flow has been temporarily impacted by COVID-19.
  • These fees will be payable by you and will be charged to your Business Current Account in three equal monthly tranches on 21st September, 21st October and 20th November 2020.
  • The deferral of the fees only applies to the quarterly current account fees applied on the 20th of March 2020 for ROI account holders only.
  • Business On Line fees and charges and any interest payable on the Business Current Account will continue to be applied and paid.