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However, when Ireland joined the European Monetary System from 13 March 1979 [2] it was no longer possible to cash Irish postal orders in the United Kingdom and visa-versa as had been the case, because the currencies were no longer at parity and the British post office did not do currency work.
It was the largest bank robbery in Ireland's history. Criminals engaged in the tiger kidnapping of a junior bank employee, 24-year-old Shane Travers, and forced him to remove €7.6 million [1] in cash from the bank as his girlfriend and two others were held hostage. [2]
A money order is purchased for the amount desired. In this way it is similar to a cashier's check.The main difference is that money orders are usually limited in maximum face value to some specified figure (for example, the United States Postal Service limits domestic postal money orders to US$1,000.00 as of November 2023) while cashier's check are not.
Cashier’s check. Money order. Cost per item. Typically $10 to $15. Typically less than $5. Availability. Offered by banks and credit unions, and in some cases, only to their own customers
A standing order (or a standing instruction) is an instruction a bank account holder ("the payer") gives to their bank to pay a set amount at regular intervals to another's ("the payee's") account. The instruction is sometimes known as a banker's order. They are typically used to pay rent, mortgage or any other fixed regular payments.
In 1922, Bank of Ireland was appointed as banker to the Government of Ireland. [10] In 1926, Bank of Ireland took control of the National Land Bank. [6] [11] In 1948, The Bank of Ireland 1783–1946 by F.G. Hall was published jointly by Hodges Figgis (Dublin) and Blackwell's (Oxford). [12] In 1958, the bank took over the Hibernian Bank Limited. [6]
During the second half of the 1995–2007 'Celtic Tiger' period of growth, the international bond borrowings of the six main Irish banks—Bank of Ireland, Allied Irish Banks, Anglo Irish Bank, Irish Life & Permanent, Irish Nationwide Building Society and Educational Building Society—grew from less than €16 billion in 2003 to approximately €100 billion (well over half of Ireland's GDP ...
The strikes provided economists with a unique opportunity to study the functioning of a modern economy without access to bank deposits. [1] The strikes affected all the associated banks: the Bank of Ireland, the Allied Irish Banks, the Northern Bank and the Ulster Bank. The strikes lasted from: May 7 – July 30, 1966; May 1 – November 17, 1970