Royal College of Surgeons in Ireland Coláiste Ríoga na Máinleá in Éirinn

Banking

Since 1 January 2002 the legal currency used in Ireland is the euro (€). The euro is made up of 100 cents. Coins come in denominations of 1c, 2c, 5c, 10c, 20c, 50c, €1 and €2. Paper notes come in denominations of €5, €10, €20, €50, €100, €200 and €500.

Euro can be bought at all banks, major bus and train stations, ferry ports and airports. In addition, currency can also be exchanged in independent Bureaux de Change in cities and major towns.

Ireland has a thoroughly modern financial system and banking is simple and convenient. ATM machines are widely available and international credit cards and other financial instruments are widely accepted.

Banking costs vary however and many banks offer special student rates or even 'free banking' so it is well worth shopping around before opening an account. A student officer is available on location in the bank to assist with any problems.

Representatives from various banks will be present in the College on orientation day to open accounts. Students must complete formal registration before they are eligible to open a bank account. We therefore recommend that you do not attempt to open an account prior to registration. It is likely to prove a waste of time and effort.