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Customers must now travel to do business

BANK of Ireland branches in Killorglin, Castleisland and in the MTU in Tralee have closed as the company has decided to cut more than a third of branches across the country.

The bank is ceasing services at 88 locations as part of massive changes to its branch network and local banking services.

It is understood that the branch closure decision was reached due to an increased preference for online banking and an average 60 per cent drop in the number of people visiting the branches involved.

Bank of Ireland has reached an agreement with An Post to facilitate lodgements and cash withdrawals but customers seeking other Bank of Ireland services may now have to travel to towns like Killarney and Tralee to conduct their business.

The closures come as another major blow to the county as, last May, the Killarney branch of Permanent TSB became fully automated with no physical cash desk on the premises.
The bank said at the time that customer preference was for digital banking channels and officials had observed a significant reduction in over-the-counter cash transactions in branches.