When preparing to close your Bankline profile, we recommend your Bankline Administrator reviews our Bankline Closure Checklist.
Important information for Bankline customers
Effective August 2022, Ulster Bank Ireland DAC will waive your €5 Bankline monthly subscription fee. Your Bankline transaction fees will continue to be charged in arrears on the 15th of the month.
If closure of your main and/or Bankline billing account takes place before the 15th of the month, you will not be charged your previous or current month’s Bankline transaction fee.
If closure takes place after the 15th of the month, you will be charged your previous (but not current) month’s transaction fee, in line with Bankline terms and conditions.
Once your Bankline profile has been cancelled, we will be unable to reinstate it. If you have third party account(s) registered to your Bankline profile, you will lose access to these account(s) as part of your daily cash management once your Bankline profile is closed. Please refer to our Bankline FAQs for more information.
We have produced a Support Guide for Bankline Users which can be accessed here. This guide also includes considerations regarding Direct Debit Origination and SEPA Money Transfer when moving to a new Payment Service Provider.