Michael McGrath (Cork South Central, Fianna Fail)
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Mr. O'Keeffe is saying that if a customer has an overdraft limit of, say, €50,000, and their current balance is a debit of €10,000, until 27 July they can draw down the balance to carry an overdraft of €50,000 over into their relationship with Everyday Finance DAC. However, how that new loan owner regards that overdraft is entirely its own affair. Is that what he is saying?