Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Chairman for allowing me back in and I will try to keep this brief.

I like Permanent TSB's current account initiative which I know has been very successful and has attracted more than 80,000 customers - about 80,000 accounts are stretched. What commitment is the bank making to new customers regarding the period of time for which it will honour that deal? I know that the bank has put money behind the initiative and that it is advertising that people can save typically between €100 and €200 a year if they transfer their main account into which their salary is paid if they are working. For what period will the bank commit that there will be no fees for the people concerned.