Is there a minimum balance requirement for a bank account?

Yes, Bank of Ireland does impose a minimum balance requirement for its bank accounts. The exact minimum balance will depend on the type of account you hold. For the standard current account, a minimum balance of €100 is required. However, if you have a student or graduate account, the minimum balance requirement is €25. It's important to note that failing to maintain the minimum balance may result in fees or penalties being applied to your account. Therefore, it is advisable to ensure that you meet the minimum balance requirement to avoid any additional charges.