AIB

AIB is an Irish bank whose legal entity is Allied Irish Banks, p.l.c., founded in 1966 and based at 10 Molesworth Street, Dublin 2. Its business offer centres on the AIB Business Current Account.

Account functions The account supports cards, cheques, direct debits, standing orders and digital payments. For international work the bank provides SEPA credit transfers and SEPA direct debit. A multicurrency payment facility lets a company send domestic and foreign payments in a single file, which reduces manual processing for firms with regular supplier or payroll batches.

Payment channels The channels listed are SEPA Credit Transfer, SEPA Direct Debit, standing orders and cheques. The company registration number published for the bank is 24173.

Who it suits The account fits Irish businesses that need an ordinary operating account with euro payment rails and the option to run mixed-currency payment runs. Fees, overdraft terms, eligibility checks and onboarding documents are not stated in the material and should be confirmed with the bank. Companies with complex treasury needs may want to ask separately about foreign exchange pricing for the multicurrency files.