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

4:30 pm

Mr. Bernard Sheridan:

The bank would certainly have to make its customers aware of the increase. There is really no difference from the bank's perspective because the charge stood notified or approved from 1996. Banks cannot impose charges that are not approved. Some charges were approved before 1996.