Ulster Bank Branches Will Begin To Close This Month

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Ulster Bank branches across the country will begin closing this month as the bank continues with the steps necessary to leave the Irish market. Many of the branches will later re-open as PTSB outlets.

None of the twelve branches closing today are in county Tipperary, on Friday January 13th the Ulster bank branch in Liberty Square,Thurles will close along with 12 others.

The Thurles outlet will re-open in March as a PTSB outlet.

The other 63 Ulster Bank branches will remain open for the moment, with final permanent closure dates expected to be announced in a few months’ time.

Ulster Bank will also resume the process of freezing the accounts of customers whose six months’ notice period to close them has expired from today.

Ulster Bank has not yet published a date by which it intends to cease offering all normal retail banking services in Ireland.

An estimated 450 staff will transfer from Ulster Bank to Permanent TSB as part of the purchase agreement between the two banks.