I switched to Permanent TSB a year ago due to their offer of no ‘extra’ bank charges (No quarterly fees or day-to-day transaction fees when you lodge €1,500 a month) etc. After one year of no transaction fees I got charged €45 in one month for Referral Fees. So, I called the bank and they said that because I was in ‘good standing’ they had turned on a ‘Courtesy Facility’ which allows me to go into the red on random occasions ‘to buy your bits and bobs and not get embarrassed at the checkout till’. This ‘Courtesy Facility’ costs €5 each time and can be charged up to three times daily. You have to request that it is turned off.Apparently it is in Ye Olde Terms & Conditions page 20 paragraph 4b. ‘Without prejudice….. etc…’ Be careful out there folks !