Dáil debates

Wednesday, 18 June 2014

Social Welfare and Pensions Bill 2014: Report Stage (Resumed)

 

2:50 pm

Photo of Joan BurtonJoan Burton (Dublin West, Labour) | Oireachtas source

He and a number of other Deputies were very explicit about this. People have choices and many have bank accounts. They may not be in a position to go to a local post office so consumer choice comes into the issue.

What I said in that context was that perhaps some of the Deputies here would put their minds to thinking about how An Post could successfully compete and get involved, for instance, in electronic fund transfers because the biggest disadvantage for An Post is that it does not have the equivalent of a bank account. It has a savings deposit account system, which has worked very well for it and is very popular but it does not have a banking system that allows for remote banking facilities. That is the challenge for An Post in the future.

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