Oireachtas Joint and Select Committees
Wednesday, 18 May 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Withdrawal from Irish Banking Market: Engagement with Ulster Bank and KBC Ireland
Ms Jane Howard:
We have given customers six months notice. We are not just sending one letter. We will contact them to remind them of the action and to support them through what they need to do to open a new bank account and to close their account with us. At the end of six months, which we think is plenty of time and goes well beyond the requirements, we will be putting a no-transactions marker on.
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