As at time of writing, Allied Irish Bank (AIB) does not yet offer any native services for their customers to buy or sell crypto through their internet banking platform.
With that said, customers of AIB can still deposit GBP or Euros into a regulated cryptocurrency exchange that are appropriately licensed in Ireland, and Europe more broadly.
- Fast and cheap GBP deposits from any UK Bank.
- Licensed by the Financial Conduct Authority (FCA) and ESMA.
- 80+ Cryptos and over 8,000 Stocks, ETFs & Commodities.
78% of retail CFD accounts lose money.
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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 eToro 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.
- Sign up to eToro Ireland.
- Deposit GBP or EUR from your AIB account via Bank Transfer.
- Find the Cryptocurrency you want to buy.
- Select 'Trade' and execute your order.
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.
Crypto assets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
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