Oireachtas Joint and Select Committees

Wednesday, 14 September 2022

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

Banking Issues: Discussion

Mr. Gavin Kelly:

I do not know the number of days off the top of my head. It does not take that long compared to taking out a new mortgage, when people are waiting for the sale to close. In these situations customers are sent a form with a new rate. Customers can speak to us about the options. Once the form is filled in we process it in the bank very quickly.