Government Charges
There are certain Government charges, which the bank is obliged by law to collect from you. Government charges are debited to your account even if you qualify for free account transactions. Under current legislation, the following Government charges apply.
- Cheques/Domestic Euro Bank Draft: €0.50 Government Stamp Duty per cheque/draft.
- Debit Cards: Government Stamp Duty will be charged at a rate of €0.12 per ATM transaction. Government Stamp Duty only applies to ATM transactions carried out within Ireland (excluding Northern Ireland). This charge is capped at €2.50 if you only use your debit card for ATM transactions and capped at €5 if you use your debit card for both purchases and ATM transactions. Government Stamp Duty charge on debit cards is applied in January, for the previous year.
- Credit Cards: Government Stamp Duty of €30 is charged annually per Credit Card account.