Oireachtas Joint and Select Committees

Wednesday, 17 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bank Charges: Discussion with Central Bank and ISME

2:50 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

With all due respect, Mr. Sheridan should know, because that is his job. My point is that we can come in here and be very polite and nice but that achieves nothing for business people. What needs to be done now to ensure we can get control over these open-ended charges? How many of them have been there since 1996, and how many of these lucky-dip bank charges are still available to the banks? What level are they at and what is the range of charges that can be opposed? Does it require a change in legislation? What is required?

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