No businesses are the same and we understand the importance of flexibility and convenience when it comes to managing your business finances. With our Business Demand Deposit Account, you’re free to withdraw from your business savings account whenever you like.
| Savings | Gross Rate | Gross Return | AER |
| €0.00+ | 1.00% Variable | 1.00% Variable | 1.00% Variable |
All Business Accounts of more than €2,000,000 and all new Credit Union accounts and rates will be managed directly by PTSB Corporate Deposits. For business accounts of more than €2,000,000 different interest rates may apply – please ask staff for details of rates and options available to you.
From the 04 June 2025, the Business Demand Deposit account variable interest rate will be reducing to 0.50% Gross/AER for all accounts.
Instant Access: When you open a business Demand Deposit account, you can access your savings instantly by attending any branch or through Business24 Online Banking or Telephone Banking.
Flexibility: Save as much or as little money as you like, whenever you want. Whether it's monthly payments, lump sums, or both. You're in control of your savings.
Direct Debits and Standing Orders cannot be set up on Savings and Deposit Accounts.
You can only open this account by attending one of our branches. It cannot be opened online or in-app.
To get started, call us on 0818 200 100 or 01 215 1363 (from aborad) to arrange an appointment. Lines are open 9am to 5pm Monday to Friday (excluding Bank Holidays).
View documents needed to open an account.
To close your account, you will need to visit a branch with valid photo ID. Acceptable forms of ID.
