🇮🇪 Opening a Bank Account in Ireland
Honest assessment of business banking for foreign founders in Ireland.
Ireland has a well-developed banking sector with mainstream banks (AIB, Bank of Ireland, Permanent TSB) and several fintech alternatives (Revolut Business, Stripe, N26 Business). Account opening for Irish-registered companies is generally straightforward, especially when directors can attend a branch in person. Remote account opening is increasingly available through digital banks. Non-resident directors should expect additional due diligence, including certified copies of identification and proof of address. Companies in regulated sectors (fintech, funds) may face longer onboarding timelines.
Tips for Success
- Have all company formation documents ready before applying — trade licence, articles of association, certificate of incorporation.
- Prepare a clear business plan or description of your business activities, even if the bank doesn't explicitly ask for one.
- Consider digital/neo-banks as your first account — they typically have faster onboarding for new companies.
- Apply to multiple banks simultaneously rather than sequentially — rejection at one doesn't affect others.
This content is educational and does not constitute legal or tax advice. Always consult a qualified professional for your specific situation. Data last verified March 2026.