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

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

One of the concerns of this committee is that there may be a certain degree of chaos as a result of the transfer of accounts and the impact that may have on direct debits and standing orders. Does Mr. Jansen have any concern about the position in which customers of utility companies will find themselves after the date on which the bank exits the market?

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