How to Cancel Bank of Ireland
Bank of Ireland is one of Ireland's oldest and largest banks. Account closure requires clearing your balance, redirecting payments, and either visiting a branch or calling. The bank's switching code helps with the transition.
Steps verified March 2026
Quick Facts
Cancel online?
No — phone/letter required
Pause option?
No
Refund policy
No closure fee on standard accounts. Overdrafts must be cleared first.
After cancellation
Financial records retained for a minimum of 6 years per Irish regulations.
What to Watch Out For
- Staff may attempt to offer alternative accounts before processing closure
Cancellation Steps
Go directly to Bank of Ireland cancellation pageRedirect payments
Transfer direct debits and standing orders to your new bank account.
Clear your balance
Transfer all funds and ensure the account balance is zero.
Contact Bank of Ireland
Visit a branch or call 0818 365 365 to request closure.
Get confirmation
Obtain written confirmation of account closure.
Tips & Things to Know
- Use the switching code to make redirecting payments easier.
- Download all statements before closing.
- Check for any linked products that need separate cancellation.
Your Consumer Rights
- Under the EU Consumer Rights Directive, banks must facilitate account closures without unreasonable delay.
- The FSPO (Financial Services and Pensions Ombudsman) handles complaints.
Frequently Asked Questions
Can I close my Bank of Ireland account online?
No. Branch visit or phone call required.
Is there a closure fee?
No fee on standard current accounts.
How long does closure take?
Typically a few business days once conditions are met.
What about my mortgage?
Mortgages are separate products and are not affected by current account closure.
Can I use the switching code?
Yes. The Central Bank switching code obliges banks to help transfer your payments.