Oireachtas Joint and Select Committees

Thursday, 9 May 2019

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

Matters Relating to the Banking Sector (Resumed): Ulster Bank

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

We will follow that and hold the bank to that. I will now turn to the bank's charges. AIB charges too much for the use of ATMs while the Bank of Ireland charges 20 cent per debit card transaction. Ulster Bank, however, combines the worst of both worlds by charging 35 cent for an ATM withdrawal and 20 cent per debit card transaction. Why is that? Ulster Bank also charges for contactless payments. Why are the charges so high?

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