Important update - Introduction of Negative Interest Rates to Business Deposit Accounts

05/11/21

Please note that we will be applying Negative Interest Rates to the below Business Deposit Accounts effective from 6th December 2021.

  • Business Smart Access Demand Account
  • Business Demand Deposit Account

Effective 6th January 2022 we will be applying Negative Interest Rates to the

  • Business Client Demand Deposit Account

Negative Interest Rates only apply to the balance of your account that is in excess of the thresholds. The threshold is €1,000,000 for all accounts.

The applicable Negative Interest Rates, Frequently Asked Questions and examples of how Negative Interest Rates are applied are available below.

Business Deposit Customers: please click here.

Business Banking Customers: please click here.

Click here for an updated Deposit Rate Matrix which is effective from 6th December 2021.

Click here for an updated Deposit Rate Matrix which is effective from 6th January 2022.

 

For Business Banking customers who have a Business Partner assigned to your account:

  • Please contact your Business Partner, alternatively you can also call us on 1800 804 414 

  • You can also email us at business.support@kbc.ie

For all other Business Deposit  Customers, if you have any questions or if we can assist in any way, there are a few ways to get in touch:

  • Email us at customerservices@kbc.ie  or call 1800 93 92 44

  • You can also call into any of our KBC Hubs. For a full list of locations, visit kbc.ie.