Oireachtas Joint and Select Committees

Wednesday, 24 May 2023

Joint Oireachtas Committee on Social Protection

Safe Deposit Boxes and Related Deposits Bill 2022: Discussion

Mr. Kenneth Jordan:

It is not our policy area, but I asked the BPFI that question. The answer should come from that body, but it told me Ulster Bank has centralised all items in a single location. It also told me that, with other banks, when individual branches closed, the policy was to move items to the nearest branch. It is not a dramatic movement if a Bank of Ireland or AIB branch closed. I am relaying the information from the BPFI but I think it answers some of the queries.

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