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

4:20 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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In more and more cases, online payments are made to social welfare recipients and old age pensioners. The idea of having €19.99 locked away until one lodges another €1 to the account to be able to withdraw €20 is a problem.

Mr. Sheridan mentioned that 11 or more charges this year have been approved partially, provisionally or in full. Is that correct?