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

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Ms Jane Howard:

Yes, because the funds will have been transferred into the trustee account, which will hold it in trust for the customer for the relevant number of years before it is then transferred into the dormancy fund.

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