How do I reduce my overdraft?
You can reduce a personal overdraft with us over the phone or in your branch. To reduce an overdraft your account balance must be above what you want your new overdraft limit to be.
Reductions of overdrafts are permanent. If you require an increase to your overdraft in the future you must apply for an increase to your overdraft facility online.
My account balance is above my intended reduced overdraft limit
Once your account is above your intended overdraft limit call us on:
Republic of Ireland
- 0818 365 365
- + 353 1 404 4000 if calling from abroad
9am to 5pm Monday to Friday (including Bank holidays)
Closed Saturday and Sunday
Northern Ireland and Great Britain
- 03457 365 555
- + 353 1 404 4000 if calling from abroad
9am to 5pm Monday to Friday (excludes bank holidays)
Closed Saturday, Sunday, and bank holidays
Please note that your account must remain above your reduced overdraft limit during the cancellation process. Your account should remain above this limit for 24 hours to ensure this change takes place for example: for an overdraft of €1,000 and you wish to reduce this to €500 your account balance must stay above - €500 to allow this change to take effect.
How do I get my account in credit?
If your account is not above your intended limit you can transfer funds into your account by doing any of the following:
- Making an own account transfer using 365 Online/mobile app
- Withdrawing from a deposit account (notice periods may apply)
- Transferring funds from another bank using BIC and IBAN of the account
- By making a lodgement in a branch (Cheques are subject to clearing)
Alternatively you can reduce your overdraft when you next receive regular payments, such as wages from employer or pension payments.