Oireachtas Joint and Select Committees

Tuesday, 27 February 2024

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

General Scheme of the Access to Cash Bill 2024: Discussion

Photo of Rose Conway-WalshRose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source

There is a cost. The issue is getting the balance between the economic and social responsibility so that people can have reasonable access to money. There is a social responsibility on the main banks and, as Mr. Hayes said, other operators, as well as an economic responsibility. I do not want to see a situation where it is purely profit driven, is about whether it tallies on a sheet for the banks, and no consideration is given to elderly people who may have been loyal to that bank all of their lives, who then find that they cannot access their own cash.

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