Oireachtas Joint and Select Committees

Wednesday, 19 October 2022

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

Withdrawal from Irish Banking Market (Resumed): Engagement with Ulster Bank and KBC Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I have welcomed that step, so let us tease that step out now. Just imagine that I am one of the 5,400 people who have some level of activity on my account. Two weeks from Friday, the deadline will have passed and my account is to be frozen for one month. Ulster Bank will make an assessment now in terms of the activity on my account. If my ESB bill is to come out of my account, what will Ulster Bank do?

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