Is AIB (Allied Irish Bank) or State Bank of India (UK) better for your small business?
Below we look at both AIB (Allied Irish Bank) and State Bank of India (UK) reviews on Trustpilot along with their App reviews from Apple and Google.
We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.
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AIB (Allied Irish Bank) vs State Bank of India (UK) Trustpilot Reviews
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Trustpilot Review Score (out of 5) | 2.8 | 3.7 |
| Percent 5-Star Reviews | 20% | 33% |
| Percent 1- Star Reviews | 70% | 34% |
| Total Number of Reviews | 10 | 3 |
https://www.trustpilot.com/review/aibgb.co.uk
https://www.trustpilot.com/review/sbiuk.statebank
AIB (Allied Irish Bank) vs State Bank of India (UK) App Reviews
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| iPhone Review Score (out of 5) | 1.7 | 2.4 |
| Number of iPhone Reviews | 227 | 253 |
| Android Review Score (out of 5) | 1.9 | 1.7 |
| Number of Android Reviews | 21,400 | 1,640 |
https://apps.apple.com/gb/app/aib-mobile/id468042881
https://apps.apple.com/gb/app/yono-sbi-uk/id1454780358
AIB (Allied Irish Bank) vs State Bank of India (UK) Account Fees & Charges
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Free Business Bank Account | No | No |
| Free Business Account Term Length | NA | NA |
| Cheapest Monthly Account Fee | £10 | £80 |
| Most Expensive Monthly Account Fee | £10 | £120 |
| Electronic Payment Cost (in/out) | 35p | Free |
| Cash Payments Cost (in/out) | 65p per £100 | £3 / Free |
| Cheques (in/out) | 70p | £10.00 per cheque |
| CHAPS Payments Cost | £25 | £25 |
| SEPA Payments Cost | £20 | £25 |
AIB (Allied Irish Bank) vs State Bank of India (UK) Business Savings Rates
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Types of Business Savings Accounts | Demand deposit account, Business fixed term deposit account, Currency deposit account | Instant Access, Notice Savings, Fixed Deposit, Limited Access |
| Lowest Savings Rate (AER) | 0.25% | 1.95% |
| Maximum Savings Rate (AER) | 3.02% | 5.00% |
| Minimum Savings Amount | £1 | £1 |
| Interest Paid On Foreign Currencies | Yes | Yes |
AIB (Allied Irish Bank) vs State Bank of India (UK) Account Opening Times
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Can You Apply Online? | Yes | Yes |
| How Long Does Opening An Account Typically Take? | 15 minutes | 3 to 4 Working days |
| Do They Check Your Credit? | Yes | Yes |
| Current Account Switch Service | Yes | Yes |
AIB (Allied Irish Bank) vs State Bank of India (UK) Features & Account Types
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| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Business Current Account | Yes | Yes |
| Business Savings Account | Yes | Yes |
| Business Credit Card | Yes | Yes |
| Business Overdraft | Yes | Yes |
| Accounts For Startups | Yes | Yes |
| Accounts For Charities | Yes | Yes |
| Accounts For Sole Traders | Yes | Yes |
| Joint Business Accounts Available | Yes | Yes |
| Card Type | Visa | Mastercard |
| Online Banking | Yes | Yes |
| Mobile Banking | Yes | Yes |
| In Person/Branch Banking | Yes | Yes |
| Branch Locations | Belfast, London and Dublin | Limited locations in London and Midlands |
AIB (Allied Irish Bank) vs State Bank of India (UK) Customer Support Options
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Phone Support Available | Yes | Yes |
| Email Support Available | Yes | Yes |
| App Based Support | Yes | Yes |
| Web Based Support | Yes | Yes |
| In person Customer Support | Yes | Yes |
AIB (Allied Irish Bank) vs State Bank of India (UK) Foreign Currency Accounts
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| US Dollar (USD) Bank Accounts | Yes | Yes |
| Euro (EUR) Bank Accounts | Yes | Yes |
| Other Currencies Available: |
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Other Business Services From AIB (Allied Irish Bank) and State Bank of India (UK)
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| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Business Loans | Yes | Yes |
| Commercial Mortgages | Yes | Yes |
| Invoice Financing | Yes | Yes |
| International Payments | Yes | Yes |
| Merchant Payment Services | Yes | No |
| Card Machines | Yes | No |
| Free Accounting Software | No | No |
AIB (Allied Irish Bank) vs State Bank of India (UK) Banking Basics
| AIB (Allied Irish Bank) | State Bank of India (UK) | |
| Bank Type | High Street | Foreign Bank |
| FSCS Protection | Yes, up to £85,000 | Yes, up to £85,000 |
| FCA Number | 204793 | 757156 |
| Website | AIB (Allied Irish Bank) Website | State Bank of India (UK) Website |
Common Comparison Questions
Does AIB (Allied Irish Bank) or State Bank of India (UK) have better customer reviews?
AIB (Allied Irish Bank) scores 2.8 out of 5 based 10 Trustpilot reviews. Of these reviews 20% are 5-star and 70% are 1-star.
Whereas, State Bank of India (UK) scores 3.7 out of 5 based 3 Trustpilot reviews. Of which 33% are 5-star and 34% are 1-star.
Does AIB (Allied Irish Bank) or State Bank of India (UK) have a better App?
AIB (Allied Irish Bank)’s iPhone App is rated 1.7 out of 5 based on 227 reviews. And it’s Android App is rated 1.9 out of 5 based on 21,400 reviews.
In comparison, State Bank of India (UK)’s iPhone App is rated 2.4 out of 5 based on 253 reviews. And it’s Android App is rated 1.7 out of 5 based on 1,640 reviews.
Does AIB (Allied Irish Bank) or State Bank of India (UK) have better business savings rates?
AIB (Allied Irish Bank) offers the following types of business savings accounts: Demand deposit account, Business fixed term deposit account, Currency deposit account with interest rates ranging from 0.25% to 3.02%. (AER)
In contrast, State Bank of India (UK) offers Instant Access, Notice Savings, Fixed Deposit, Limited Access accounts with interest rates ranging from 1.95% to 5.00% (AER).
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For other business bank accounts see our guide here.