Share Cap

BCU Manager Simon Foley on behalf of the Board of Directors has recently written to members who will be affected by our new Share Cap of €20,000. The new limit will be implemented from the 1st April 2021.

Additionally, the following measures are also in place:

  • There is a limit of €5,000 for minor accounts.
  • There is a limit of €5,000 for new members for the first 12 months of membership.
  • We are also introducing a limit of €3,000 per calendar month as the maximum amount that any member can transfer into their savings via electronic funds transfer.

Please see the letter below.

We also have a Frequently Asked Questions segment which can be viewed  – HERE

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