Gerry Horkan (Fianna Fail) | Oireachtas source

Previously, Mr. McLoughlin attended a committee meeting with Mr. Boucher, whose work with the bank we should acknowledge and who we should wish well in his retirement. I was not having a go at the branch system, but I asked Mr. Boucher whether we were moving towards a cashless society. He felt that we were not and said people liked having cash. The concept now is that people are almost being charged by the bank for having money on deposit and the bank minding the money as opposed to in the old days when they got some level of interest on deposits. I will not quiz Mr. McLoughlin on them, but current interest rates will not get people too far on their holidays and so on regardless of what they have on deposit.