Euro Current Account

Protect your business from exchange rate movements with a Euro current account

If your company is trading internationally, a Euro account with AIB (NI) will enable your business to manage your foreign currency cash flows, allowing you to receive and make electronic and cheque payments without any foreign exchange conversion costs.

Please note you must be a UK resident and an existing AIB (NI) Business customer to open a Euro current account with us.

Since January 2025, you’ve been receiving SEPA isntant payments instantly to your account. This means your balance is updated straight away.

From 25 August 2025, we’ll start to roll out payments you can send instantly from your account. These payments will reach whoever you are paying within 10 seconds. We will let you know when these become available through our online services and on our website. The account you are paying must be within the Single Euro Payments Area (SEPA). See the list of countries in SEPA for more information.
We’re also introducing a new check called ‘Verification of Payee’ from 5 October 2025 for all SEPA payments. This helps protect your money. Verification of Payee will check the name of the account you’re paying with the receiving bank to see if it matches the name you gave us. You can then decide if you still want to go ahead with the payment.

There are limits to the amounts you can send. Find out more information on limits.

Features and Benefits
- Protects your business from exchange rate fluctuations. Enables you to match euro currency receipts and payments without needing to convert to sterling.
- Has a euro chequebook which is valid within the Republic of Ireland euro cheque clearing.
- Regular statements are available and fees are calculated on a quarterly basis.
- Use as basis for a range of domestic and international payment facilities using EBA (Euro Banking Association) and SWIFT (Society for World-wide Interbank Financial Telecommunications)
- Payments to Republic of Ireland in Euro can be effected on a same-day basis
- Euro Overdraft allows you to manage your working capital and prepare for one-off unexpected spending without having to look for a new credit facility every time. This is not an automatic overdraft and you must apply if you require one.
- A SEPA Instant Credit Transfer sometimes known as a SEPA instant payment, means that you can receive money to your payment account at any time within 10 seconds of the payment being made, even at weekends, and on bank holidays. There are a few exceptions to this such as times when the system is unavailable due to planned maintenance.

Talk to Us

Simply call 0345 6005 925^†. We’ll be happy to answer any questions you may have and help you find the right kind of current account for your business.
^† _{Lines open: 9am to 5pm Monday - Friday (except on bank holidays). Calls may be recorded. Call charges may vary - refer to your service provider.}

Call 0345 6005 925

Help and guidance

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Business current accounts

We offer a range of business current accounts to suit your needs.