How to Cancel AIB
AIB is one of Ireland's largest banks. Closing a current account requires visiting a branch or calling. You must clear your balance and redirect all payments before closure.
Steps verified March 2026
Quick Facts
Cancel online?
No — phone/letter required
Pause option?
No
Refund policy
No closure fee. Balance must be zero. Overdraft must be cleared.
After cancellation
Records retained for a minimum of 6 years per Irish financial regulations.
What to Watch Out For
- Staff may suggest alternative products or account types before processing
Cancellation Steps
Go directly to AIB cancellation pageRedirect payments
Move all direct debits, standing orders, and salary payments to your new bank.
Transfer funds
Move your remaining balance to your new account.
Contact AIB
Visit a branch or call 0818 724 724 to request account closure.
Get confirmation
Request written confirmation that your account is closed.
Tips & Things to Know
- Download your transaction history and statements before closing.
- Use the Central Bank of Ireland's switching code to make the transition smoother.
- Check for linked products like credit cards, overdrafts, or loans.
Your Consumer Rights
- Under the EU Consumer Rights Directive, banks must process account closures in a timely manner.
- The Financial Services and Pensions Ombudsman (FSPO) handles banking complaints in Ireland.
Frequently Asked Questions
Can I close my AIB account online?
No. You need to visit a branch or call.
Is there a fee to close an AIB account?
No closure fee on standard current accounts.
What is the switching code?
The Central Bank of Ireland switching code requires banks to assist with transferring payments to your new bank.
How long does closure take?
Typically processed within a few business days once all conditions are met.
What if I have an overdraft?
Any overdraft balance must be repaid before the account can be closed.