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Research & Strategy

Standard Bank Account

Addressing Financial Exclusion in Ireland

A Standard Bank Account is being introduced on a pilot basis as part of the Government-backed strategy to address financial exclusion in Ireland.  Access to a transaction-based bank account is an indicator in measuring financial exclusion.

The introduction of a Standard Bank Account is aimed at

  • reducing the number of people in Ireland who do not have a current account, and  
  • assisting these people in managing their finances.

It is estimated that 17% of households in Ireland do not currently have access to a transaction-based bank account. This compares to 2% or less in 11 of the EU15 countries measured by the European Union Statistics on Income and Living Conditions survey (2008).

Standard Bank Account Pilot

A pilot will test the response of consumers who open a Standard Bank Account, to determine if the product meets their needs. The pilot will inform the planned national roll-out of a suitable product, scheduled for 2013.

The Standard Bank Account is being offered during a six-month pilot by Bank of Ireland, Allied Irish Banks and Permanent TSB in three locations:

  • Tallaght,
  • Tullamore, and
  • New Ross

Who is it for?

The account is aimed at people who have not managed their finances through a bank account in the past. 

Details on who can open a Standard Bank Account, more information on the account features, and contact details for the banks are available in the Guide to Standard Bank Accounts.

More information

More information on the account is available in the Standard Bank Account flyer or in the quick guide to the Standard Bank Accounts - Introducing Standard Bank Accounts.


More detailed information is available in the Guide to Standard Bank Accounts.


If you have questions about the Standard Bank Account then you can talk to any of the banks that are offering the account. Contact details are on page 18 of the Guide to Standard Bank Accounts.

Guide to standard bank account cover image               cover image introducing standard bank accounts

Other organisations also support this initiative – including those listed below:


Contact Details

One Family

National help-line

1890 66 22 12


(Money Advice and Budgeting Service) 

0761 07 2000


Competition and Consumer Protection Commission

Consumer Help-line

1890 432 432

Society of St Vincent de Paul 

01 8386990