Oireachtas Joint and Select Committees

Thursday, 5 July 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland (Resumed): Bank of Ireland

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

When Mr. Richie Boucher was before the committee, I asked him about this and he said that Irish people like to use cash. It was just something we had to get over. Cash transactions are costly and expensive and there are security issues when moving cash around. Is there a policy on this? Is Bank of Ireland trying to get people to move away from cash and more towards contactless transactions and credit or debit cards?

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