Pearse Doherty (Donegal, Sinn Fein)
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The bank has 6,500 customers with overdrafts, some above €1,000 and some below €1,000. Ulster Bank is suggesting that those customers go to another bank, get an overdraft and pay back Ulster Bank with the overdraft from the other bank. Are there any arrangements with the other banks?

For example, does Ulster Bank have an arrangement with AIB and Bank of Ireland regarding an individual who has an overdraft with Ulster Bank and, therefore, needs an overdraft with whichever bank they move to to close this? If that person is not able to get an overdraft, what happens? What will Ulster Bank do in respect of that outstanding loan?