The bank said it would install more than 200 new ATMs this year.
It said this was part of a plan to renew its entire ATM fleet, improving reliability, accessibility and energy performance across the network.
The process is not connected to the recent introduction by the Government of access-to-cash rules, the bank said. Those rules aim to protect the role of cash in the State’s financial system.
The legal change will mean the Finance Minister, in consultation with the Central Bank, will set out the percentage of the population that must be within a specified distance of not less than 5km and not more than 10km of an ATM and cash-service point in each of the State’s eight regions.
The minister must also set the minimum number of ATMs per 100,000 people in each region.
Bank of Ireland said its programme of works had already delivered 168 new machines in 46 branches from Donegal to Wexford.
Bank of Ireland is carrying out a massive upgrade of its ATMs infrastructure on the island of Ireland as part of a €60m investment.
Today’s News in 90 – Tuesday January 13
In total, approximately 650 new devices will be deployed to Bank of Ireland branches on the island of Ireland as part of a €60m investment.
According to the bank, the new fleet has greater cash processing capacity and will slash energy use by more than half.
The ATMs can be used for both withdrawals and lodgments and the majority will “recycle” cash – meaning that the same notes deposited can be used for withdrawals.
To improve accessibility for customers with visual impairment, the new ATMs feature high-contrast screens and an earphone socket that enables audio guidance throughout the transaction, the bank said.
Director of distribution channels at Bank of Ireland Alan Durcan said: “This is our largest single investment in ATMs in more than a decade and will ensure customers in every county benefit from the most modern and efficient machines.
“The new ATMs support our sustainability ambitions through lower energy use, while also delivering better reliability and improved accessibility for day‑to‑day banking.”
Mr Durcan said the renewal of the bank’s entire ATM fleet was progressing well, and by year-end the bank would have completed the next phase, with more than 200 additional ATMs replaced by the latest machines.
Bank of Ireland has 182 branches across the island of Ireland – 169 in the Republic of Ireland and 13 in Northern Ireland.
All branches were included in the ATM replacement programme, it said.