Did Allied Irish Banks help during the Covid-19 pandemic?


  • In a letter to customers, AIB said that free banking for current account holders will end on 30 May. AIB current account holders previously did not pay maintenance and transactions fees if they kept a minimum balance of €2,500 in their account on a quarterly basis (RTE)
  • Tried to introduce a 1 cent fee for contactless payments during a pandemic (RTE)
  • Increase cash lodgements and withdrawl fees by 33% to businesses (RTE)
  1. AIB has pledged €2.4m to help accelerate Trinity College Dublin’s immunology project tackling the Covid-19 pandemic (Silicon Republic)
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