Oireachtas Joint and Select Committees
Tuesday, 9 April 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I wish to touch on the fees charged by the bank. I raised this issue with Mr. Masding previously. The bank increased its fees in August 2017 by more than 400%, with its fees increasing from €3.18 up to €18 per quarter. It has now taken a decision to restrict that even further because many individuals would be wealthier, or customers would pay their wages into their accounts or customers who had a mortgage were able to avail of free fees. It has significantly restricted that. Is it now a requirement that a customer must have €2,500 in his or her bank account every day to avail of free fees?
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