Oireachtas Joint and Select Committees

Wednesday, 12 July 2023

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

Authorised Push Payment Fraud: Central Bank of Ireland

Mr. Colm Kincaid:

It is correct to say that the banking system has use of people's money, while their money is deposited in that system. That is true to say. They will have use of that system within the settlement period.