BANK OF IRELAND BIKE TO WORK SCHEME GUIDE
Comprehensive guide for Bank of Ireland employees across 40 Mespil Road, Baggot Plaza, College Green, and Central Park Sandyford. Save up to 52% on a new pedelec electric bike or cargo bike with 0% administration fee on direct corporate bank transfers.
How Bank of Ireland Staff Benefit Under the Cycle to Work Scheme
Bank of Ireland actively supports active employee commuting. As a qualifying PAYE employee within the Group, you can select any eligible pedelec electric bike or purpose-built cargo bike through Lifty Electric. Your purchase is processed through a pre-tax salary sacrifice arrangement over 12 months, allowing higher-rate taxpayers to save up to 52% on the cost of the bike and safety gear.
Commute Breakdown: Clontarf to Bank of Ireland Mespil Road
Thousands of Bank of Ireland colleagues commute daily into central Dublin. Here is how an electric bike transforms the journey compared with private cars and public transit:
| Commute Mode | Door-to-Door Time | Reliability & Delays | Daily Cost | Annual Impact |
|---|---|---|---|---|
| Lifty Pedelec E-Bike | 21 mins (6.4 km) | Segregated Fairview Cycleway; 100% predictable | ~€0.15 electricity | Reclaim 184 hrs & keep ~€2,600 |
| Private Car (Petrol/Diesel) | 45 to 65 mins peak | Severe bottle-necks at North Strand & Quays | €14.00 (Fuel + Dublin parking) | Over €3,200/yr in motoring costs |
| Dublin Bus 130 + Transfer | 40 to 55 mins | Subject to street traffic and weather delays | €4.00 (90-minute fare return) | ~€920/yr public transport fares |
Step-by-Step Application Workflow for BOI Employees
- Configure Your Bike & Accessories: Choose an eligible pedelec (up to €1,500 statutory cap) or cargo bike (up to €3,000 cap), plus essential helmet, lock, and workshop weatherproofing.
- Generate Official PDF Quotation: Use our on-page calculator to generate your employer-ready PDF invoice itemised specifically for Irish Revenue compliance.
- Submit to BOI Group Payroll / HR Portal: Upload the quotation to your internal People / Benefits portal or email your assigned scheme coordinator.
- Direct Corporate Payment: Bank of Ireland pays Lifty Electric directly by electronic bank transfer (EFT).
- Email Proof of Payment: Once payment is made or your scheme is confirmed, email hello@lifty.co with your Full Name, Model of E-Bike Selected, and Payment Proof / Screenshot. Our Dublin workshop will immediately assemble and tune your bike for showroom collection at 157 Capel Street or insured nationwide delivery.
Top E-Bike Recommendations for Bank of Ireland Staff
Fiido C11 Pro City E-Bike
499Wh battery, 104 km range, hydraulic disc brakes, step-through commuter frame. Fully covered under the €1,500 cap.
€1,099.00 (Net ~€10.50/wk) QUOTE THIS BIKECUBE Kathmandu C:62 Pro
Bosch Performance Line SX 400Wh, ultralight carbon frame (16.2 kg), integrated pannier rack and full mudguards.
€3,999.00 (€1,500 Cap + Balance) QUOTE THIS BIKEFiido T2 Longtail Cargo
998Wh dual battery setup, 200 kg total payload, family child seat ready. 100% tax-free under €3,000 cargo cap.
€1,499.00 (Net ~€14.40/wk) QUOTE THIS BIKEFrequently Asked Questions: Bank of Ireland Cycle to Work
What proof do I send after Bank of Ireland approves my scheme?
Once Bank of Ireland confirms your application or completes bank transfer payment, please email hello@lifty.co with your Full Name, Model of E-Bike Selected, and Proof of Payment / Transfer Screenshot. Our Dublin workshop will immediately allocate and prepare your bike.
Can I choose an e-bike above the €1,500 statutory cap?
Yes. You are fully entitled to select a premium e-bike exceeding €1,500. Bank of Ireland processes the €1,500 statutory threshold through pre-tax salary sacrifice, and the remaining balance is settled either through company policy or direct payment.
Where do I collect my assembled e-bike?
You can collect your tuned e-bike directly from our central Dublin showroom at 157 Capel Street, Dublin 1 (D01 F5P1), or choose nationwide insured delivery directly to your home address across Ireland.
READY TO GET YOUR BANK OF IRELAND QUOTE?
Generate your official employer-ready PDF quotation in 2 seconds. Fully itemised with Revenue statutory caps and direct company payment details.
GET OFFICIAL BOI PDF QUOTE
