At permanent tsb, we appreciate that you may be concerned about the impact Brexit may have on you. That is why we are here to help you and have put in place necessary structures to support you during this uncertain period. We’re here to support you, particularly those of you most impacted by Brexit such as those residing in border counties, working in the Tourism Sector or operating an Agri/Food Business.
If you have any questions in relation to how Brexit might impact you, our Frequently Asked Questions (FAQs) below may help.
If you have a question not covered in our FAQ, please get in touch with our teams in Branch or call us on 1890 500 121 or 01 212 4101
Brexit has no impact on your ability to drawdown your loan or mortgage.
Brexit has no impact on terms and conditions, including your cooling off period.
FX fees will remain as per terms and conditions but are subject to change.
We don’t expect Brexit to impact your mortgage and loan rate in the short term but we will keep our customers up to date if there are any changes.
There will be no impact on your GBP Accounts.
Once Brexit happens, this will be true as a UK licence will not be acceptable for AML purposes. It will acceptable as one form of secondary ID but not enough on its own. UK licences will be still valid for withdrawals but we will notify you if this changes.
Yes, we will still sell and buy sterling notes and drafts/cheques after any Brexit deadline.
Please refer to the permanent tsb webpage or phone app for the daily foreign exchange rates.
Current limits will still apply. If for some reason there were to be unusual volumes of currency movements, we would reserve the right introduce limits on the volumes we transact.
Exchange rates are variable and will continue to move in line with market exchange rate movements - commissions remain as per terms and conditions but are subject to change.
It is difficult to predict the likely impact on exchange rates. As we don’t offer FX products, we cannot provide advice on FX movements to customers.
Yes, cash withdrawals in the UK will not be affected.
Yes, the European Payment Council approved the UK Finance Application to remain as part of SEPA, in the event of a “No Deal” Brexit.
There should be no changes in payment processing time to the UK.
We don’t believe there will be any impact on payments to and from UK companies. However, we cannot comment on issues that might happen with the UK Banks.
We are not aware of any reason why this would need to happen at the moment.
We expect that you will be able to continue to use your permanent tsb Visa Card for ordering from UK companies; however goods may be subject to increased taxes or tariffs. This will likely depend on the nature of the withdrawal agreement or the absence of a withdrawal agreement.
Exchange Rates are variable and will continue to move in line with market exchange rate movements - commissions remain as per terms and conditions but are subject to change.
We are not aware of any reason why these would need to be setup again.
Your personal data may, at times, be transferred to the UK in connection with transactions on your account (e.g. if you lodge a sterling cheque or make a payment to a UK Bank account). Any such transfers to the UK are made in accordance with applicable data protection law.
Who can I contact if I want to speak to someone about how Brexit will impact on my financial circumstances?
You can contact permanent tsb on the below number to make a branch appointment to speak to a qualified financial advisors» Our Main Open24 number is 0818 50 24 24.
What is the process for customers in financial difficulty?
If you are having trouble meeting your Mortgage, Credit Card or Personal Loan repayments or are worried that you may have trouble in the future, please get in touch.