Oireachtas Joint and Select Committees

Wednesday, 17 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bank Charges: Discussion with Central Bank and ISME

2:30 pm

Mr. Mick Stewart:

In 2013 we have had 11 submissions, four of which we approved fully, five were partially approved at a lower fee than requested and two were exemptions. Large corporate customers get exemptions. As they are individually negotiated they do not need the protection of section 149 as such. So far we have 11 submissions, four have been fully approved, five are partially approved and they are a mixture of personal and business. Some of them have not been rolled out yet.