Bank of Ireland has said the majority of its closed branches will re-open on Monday June 29, with ATMs at these locations also accepting cash and cheque lodgements from this date.

A total of 83 branches are due to re-open on June 29 after they were closed in March in response to a significant shift in how customers were banking and to support social distancing requirements.

Some of the branches will operate different opening hours, but the range of supports put in place for over 65s, carers and healthcare workers will continue to be available and prioritised. 

Bank of Ireland said its branches in colleges, hospitals and airports will remain closed.

Bank of Ireland also said it communicating with all personal and business customers on a three month payment break to offer to extend this break for a further three months if required.

It is preparing to manage increased queries and applications from business customers when Government schemes are finalised, the bank added.

To support cashflow for suppliers the standard payment terms were reduced from 30 days to within five days for more than 1,000 SME suppliers nationwide in the early days of the Covid-19 outbreak. This has been extended and will be in place for the rest of 2020 to ease the cash flow pressures on businesses, the bank said today.

Gavin Kelly, CEO of Retail Ireland at Bank of Ireland, said that in line with Phase 3, the bank will reopen most closed branches from 29 June, while making changes to ensure that social distancing can be maintained for the safety of customers and staff. 

The bank's ATM services will also return to full operations. 

"We will also continue to offer all of our dedicated Covid-19 services for customers requiring specific support, including personal customers and businesses," Gavin Kelly said. 

Mr Kelly said the bank continues to see steady demand for support from its SME customers, as well as increasing enquires about the State supports which are planned to be introduced.

"As businesses start to reopen they are keen to access these supports. We are preparing our operations and resources to ensure that as soon as the full range of State supports are ready to be rolled out we can process applications for customers without delay. We stand ready to play our part in supporting businesses across Ireland as they reopen," he added.