Customers advised to act fast to avoid chaos as Ulster Bank and KBC exit Ireland

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Customers advised to act fast to avoid chaos as Ulster Bank and KBC exit Ireland
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People are being advised to switch banks sooner rather than later

Customers of the banks are set to face chaos over the next few months in the attempt to switch accounts as the branches are set to leave Ireland.

Read More:Country star Nathan Carter would love to settle down and have kids - but for now he's single and doesn't date on tourPeople that are seeking in-person appointments are being given dates weeks and months in the future. For most mortgage customers they will simply switch to a new owner, but Sinead does advise that this could be a good time to evaluate your mortgage options.

Sinead continued: “They compelled the bank you were moving to give you what’s called a switching pack.” “You set up your account first, you’re given an account number like your IBAN code, and then you employ the switching pack.”Sinead said in theory this should be enough to send off to your new bank.

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