Oireachtas Joint and Select Committees
Wednesday, 14 September 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Issues: Discussion
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
That is the problem. As banks are packing up sticks in terms of providing access to cash, we are left at the mercy of a company that has given a commitment at this point in time, but we have seen in other jurisdictions the same company charging high fees for accessing cash. Someone who does not have a great deal of money and cannot go to an ATM to take out €300 or €400 but has to take out €20 or whatever is being screwed over, and it is because of a decision of Bank of Ireland. Mr. Kelly speaks about the bank's commitment to cash. Why did it not just leave the ATMs in the walls? Is it because it received a valuation or appraisal to the effect that, if the bank took the ATMs out of the walls, it would get more money when selling the buildings?
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