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Home > Business Banking > Essentials For Business

Essentials For Business

...the banking package for new and established businesses.

Essentials for Business includes money saving services like fee free banking, unsecured overdraft, loan facility* and much more. All supported by your local Bank of Ireland team


We’ve also teamed up with some of the leading providers of business services** to bring you a range of Partner Privileges from Peninsula, Chooboo, Willis, BT, Big Red Book

** Terms & Conditions Apply

Business Current Account

A Business Current Account is the key component in any relationship with a Bank. You can relax knowing that we are meeting your banking needs with our competitive business current account. It’s straightforward, simple to understand and easy to operate.

See what you will get:

  • fee free banking for your first two years
  • help to manage your cashflow with our unsecured overdraft facility*
  • a business cash card providing you with 24hour access to cash through any ATM
  • access to lodgement and withdrawal facilities through any Post Office®.

*Overdraft interest will apply, see our rates and products guide for current rate. An overdraft arrangement fee will also be charged, see our schedule of charges for business customers for current fee.

Business On Line

We offer free access for your first two years to ‘Business On Line’ level 1. This is our internet business banking service which will help you control and manage your money.

Business Deposit Accounts

Competitive deposit rates from Bank of Ireland will help you manage your money so your surplus cash works harder for you and your business. We have an attractive range of business deposit accounts providing you with a solution that meets your needs

Visa Business Card

Speed up the process of paying bills and reduce business expenses. We will not charge you fees for your Visa card for your first year.

VISA business card is solely for business transactions.

Business Term Loans

We can provide you with a competitive unsecured or secured loan for your medium to longer-term business plans, for example:

  • to purchase property and other assets, or
  • to fund capital expenditure

All lending facilities are subject to the Bank’s lending conditions. Applicants must be 18 years or over. Terms and conditions will apply.

Asset Finance

Get the equipment and vehicles you need for your business in the most cost and tax effective way. We will not charge you fees in your first year.

Insurance Premium Finance

Use Insurance Premium Finance to spread the cost of commercial insurance premiums from six months up to 12 months.

Electronic Card Payment Services

Card payment processing is a core financial service requirement for many businesses. Through Elavon we provide you with the very latest technology available in the market to collect payment from your customers to help manage your cashflow.

Commercial Finance

If you are starting a business or running a business, you will understand the importance of securing sales and managing your cashflow. We understand the issues involved in maximising business funding, so offer an innovative range of working capital solutions designed to allow you to focus on securing new business and gaining improved terms from your suppliers.

The provision of Commercial Finance facilities is subject to Bank of Ireland’s normal lending criteria and remains at its sole discretion. Information on the features of our Commercial Finance service and our terms and conditions are available on request. Commercial Finance is a trading name of Bank of Ireland incorporated in Ireland with limited liability.

Global Markets

We offer free consultation on a wide range of International Banking, Treasury Management and Trade Finance Services through our Global Markets Division, including:

  • Foreign Exchange Risk Management (Spot/Forward Contract),
  • Loans (Interest Rate Risk Management; fixed/variable interest),
  • Deposit Products (Currency Deposits; demand/ fixed deposits),
  • Trade Finance (Letters of Credit, Documentary Collections, Bonds & Guarantees).

Financial Advisory Services

Our specialised team of Whole of Market Financial Advisors are available to assist with your personal and business financial planning needs. The advice is fully independent and tailored to each individual business giving you confidence that any product recommended will be the most suited to your needs, delivered in a tax efficient way. An initial consultation is made available to new account holders without charge.

Bank of Ireland Financial Services is a trading name of Bank of Ireland Trustee Co. Ltd which is authorized and regulated by the Financial Services Authority. Registered in England at 36 Queen Street, London EC4B 1BN. Registered No 385057

Additional Bank of Ireland services

In addition, we offer a complete suite of personal banking services / products, including Current Accounts, Loans, Mortgages, Credit Cards, Insurance, Pensions, Savings and Investments.

We have access to a wealth of business information on the economy and financial markets to share with you. If you would like to be added to our distribution database to receive regular bulletins or have a particular request, please email Alan Bridle, Head of Economic/Market Analysis team email: research@boini.com

Partner privileges

With Business Essentials you’ll get access to valuable discounts, support and advice from our expert partners. They are among the leading providers of business services in NI today and include:

Peninsula Free phone consultation on a topic of your choice, such as personnel management, employment law or health & safety
Chooboo Fixed price packages for logo design, stationery, web site creation and management. Save up to 70% as a Bank of Ireland customer
BT Free communications audit with a BT specialist*
Willis Free audit and assessment of your current insurance arrangements
Big Red Book Free accounts software

* Terms and conditions apply

Contact Us

If you would like to take the Essentials for Business offer please visit our Business team at your local Branch or Business Centre or email businessbanking@boini.com

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Bank of Ireland - incorporated in Ireland with limited liability. Authorised by the Financial Regulator in Ireland and by the Financial Services Authority; regulated by the Financial Services Authority for the conduct of UK business. Registered No. C-1, Head Office, Lower Baggot Street, Dublin 2. VAT Registration No. 168196135