Oireachtas Joint and Select Committees

Wednesday, 12 July 2023

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

Authorised Push Payment Fraud: Central Bank of Ireland

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

Go raibh maith agat, a Chathaoirligh. Cuirim fáilte roimh Colm Kincaid agus roimh an chuid eile den choiste. Tosóidh mé le cuid den mhéid a bhí le rá aige sa ráiteas a léigh sé amach. I want to deal with something Mr. Kincaid mentioned in his opening statement, namely, SEPA. We touched on it last week with other witnesses. Mr. Kincaid talked about the benefits of SEPA but SEPA instant payments were introduced in 2017 and across the EU 2,200 banks are operating them. How many banks in this State are operating such payments?

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