Closing AIB bank account from abroad: everything you need to know

AIB®¹ operates throughout Ireland and offers personal, private, business and corporate banking services. If you were living in Ireland for work, study or any other reason, and opened an AIB account, you’ll need to close your account when you move away.

This helps you to avoid ongoing fees associated with the account, and also ensures your account can’t be fraudulently used. This guide walks through how to close an AIB account from abroad, online, or in writing.

Can you close an AIB bank account from abroad?

Yes. The options to close your AIB account do depend on the type of account you have, but can include closing your account online, by mail or in person². This gives a couple of choices for people who no longer live in Ireland, depending on the account you have.

Bear in mind that you’ll need to make sure your account is in good standing before you can close it. This means there are no debts or overdrafts associated with the account, and no unpaid fees.

If you have a savings account product which has a withdrawal notice period, you’ll also need to make sure you’ve followed the rules about the amount of notice given before your account is terminated.

Can you close an AIB bank account online?

You can close the AIB Online Saver, Online Notice Deposit 7 and Personal Demand accounts online. If you have an Online Notice Deposit 7 you need to give the relevant notice before your account can be closed.

Closing an account with AIB online is done through the AIB online banking system, so make sure you can still complete the required verification checks and you still have all your online banking information handy before you get started.

Closing your AIB bank account from abroad: step by step

You’ll be able to close your AIB account from abroad either by mail or through the AIB online banking system if you have an eligible account.

If your account can not be closed online it’s worth calling AIB to understand what information is needed to close your account by mail, and to avoid unnecessary delays. If your account is eligible for online deletion, here’s what to do:

Log into your online banking

Check your account can be closed online, and then log in to AIB internet banking. You’ll need your registration number and PAC. If you’ve forgotten these you will need to call the bank to ask about your options for account closure.

Select the account closure option

Once you’re into your online banking, click on Accounts and select Account Management. You’ll see the option to close your account, and can follow the instructions on screen to complete your request.

Await confirmation from AIB

AIB will need to check that your account can be closed, before processing your request. You’ll be notified once the account is closed.

If you have any problems you can also call AIB from the US, on +353 1771 2424. You’ll need to have your registration number and PAC ready when you call³.

What’s the best way to send money internationally?

Banks are certainly one option for sending money internationally, as are services like PayPal. But the problem with banks is they can often be slow, expensive and inconvenient. Luckily, there’s a better alternative out there.

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How much does it cost to close an AIB bank account?

There’s no stated fee to close standard AIB accounts. However if you have a savings product which requires notice, or which is set to run a fixed term, other rules might apply. If you need to close your account early you may forfeit interest or be subject to penalty fees.

How long does closing an AIB bank account take?

AIB will need to check your account is eligible for closure, which may take a few days. The length of time it takes to close your AIB account will depend on the specific account and the closure method you use. You can always call the bank to check the timelines if you’re concerned.

Tips and challenges for closing your AIB bank account

You should be able to close your AIB account from abroad, either online or by mail. The exact options available may depend on the specific account you have - check your account terms to understand the process and also any fees which may apply.

Here are a few final tips to make sure the process works smoothly.

Closing your AIB account from abroad isn’t likely to be a problem - but you do need to check the specific closure options available for you based on your particular account. Some accounts can be closed through the online banking system but others need a formal letter which can take a bit longer to sort out.

Use this guide to get started and to make sure your AIB account is closed without unnecessary hassle.

Sources:

1. AIB
2. AIB close account
3. AIB contact information