Oireachtas Joint and Select Committees
Wednesday, 24 May 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Authorised Push Payments Fraud: Banking and Payments Federation Ireland
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
I said a family member was involved in this. When the family member contacted the bank, in fairness, the bank's reaction was to return the money because it was still in the account and it was noticed very quickly. Thankfully the bank operated very swiftly. The point was that the view of the bank was that, in some way, the person gave access to their bank account to a fraudster and therefore the bank is not liable. That was the view of the bank.
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