Oireachtas Joint and Select Committees

Wednesday, 1 February 2023

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

Engagement with Ulster Bank and KBC Bank Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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I am not asking for any specific detail on the upper limit of cheques that the bank has to cut for accounts that are being closed. The bank could have sent Joe Bloggs €30,000 in the post. What are we looking at in terms of potential amounts? The reason I ask is people might think that they had a student account or an account that they opened with Ulster Bank many years ago and they need to check it out. What are the upper limits that the bank is seeing at the minute?