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How to buy Crypto with Allied Irish Bank (AIB)

How to buy Crypto with Allied Irish Bank (AIB)

Adrian Graham
Fact Checked
Jan 12, 2023

Summary: Allied Irish Bank (AIB) does not yet offer any native services for their customers to buy or sell crypto through their internet banking platform. However, customers of AIB can still deposit GBP or Euros into a regulated crypto exchange to invest in digital assets.

Our top pick for investors in Ireland is Uphold. They offer instant and cheap Euro and GBP deposits to trade & stake over 200 cryptocurrencies with low fees. Uphold is a London-based company that is licensed by the Financial Conduct Authority (FCA), making them a safe platform to invest in the asset class.

Table of Contents

Best Crypto Exchange for Allied Irish Bank (AIB)

Platform Highlights

  • Trade and stake over 250 cryptocurrencies with low fees and tight spreads.
  • Free and instant GBP deposits via Bank Transfer, SEPA, Debit Card or Credit Card.
  • Regulated and Licensed by the Financial Conduct Authority (FCA).
Uphold - Allied Irish Bank (AIB)
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How to buy Crypto with an AIB account

If you are looking to deposit Euros from your Allied Irish Bank account into a cryptocurrency exchange, we would recommend the Uphold platform. They offer fast and free Euro deposits and low commissions on cryptocurrency and stock trading. If you don't want to deposit with your AIB account, you can also use PayPal and other alternative payment methods.

Follow the simple guide below to get started.

  1. Sign up to the Uphold platform and verify your identity (personal or company).
  2. Connect your Allied Irish Bank (AIB) account or Credit/Debit Card to Uphold by selecting the 'My Banks' button on your dashboard.
  3. You can then select the 'Connect Bank' button to link your AIB account to Uphold and deposit GBP.
  4. Find the cryptocurrency you want to buy and execute your trade.
AIB Crypto
Deposit GBP with AIB to trade Crypto.

Allied Irish Bank Cryptocurrency Policy

AIB does not have any banking policies that prohibit their customers from depositing funds into licensed digital asset exchanges. This means that you are safe to deposit and withdraw Euros into crypto trading platforms, without having to worry about the risk of your bank or funds being frozen.

What is Allied Irish Bank (AIB)?

Allied Irish Bank, p.l.c. is an international banking and financial services group headquartered in Dublin, Ireland. AIB Group operates principally in Ireland and the United Kingdom, offering a full range of personal and corporate banking services through three customer-facing business divisions: Retail Banking & Allied Irish Bank (GB), Corporate & Investment Banking and Capital Markets, and Asset Management.

AIB Group has total assets of €168.6 billion and a tier 1 capital ratio of 13.3% as of 30 September 2016. It is the largest bank in Ireland with a 26.9% share of deposits and a 25.4% share of mortgages. Allied Irish Banks is listed on the main markets of the Irish Stock Exchange and the London Stock Exchange.

Adrian Graham

Co-Founder & former banker turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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