Results 4,721-4,740 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Does Mr. Fielding reckon that the Credit Review Office's reflection at that time was accurate and that businesses are more interested in paring down debt at the moment or that is the major challenge for small businesses?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: I want to put one final question before calling Deputy Michael McGrath. I came across an issue on the Askaboutmoney.com website that looks at people's engagement with financial institutions and so forth. This would be a question for the Central Bank. One of the persons who put a notice on it referred to free banking on opening his or her account initially. Then the bank changed its...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Most people in this room and most people watching probably have online banking and would, perhaps, engage with their online banking on a week to week basis. Online banking is a website operated by Bank of Ireland, AIB, Permanent TSB and so on. When I log on to my online banking page there is a section on the homepage of my account that tells me that the bank, the AIB in my case, intends to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Could I make a suggestion that the delegates inquire about that with the banks and revert back to the committee?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: I would like to make a formal request on behalf of the committee asking Mr. Sheridan to give us a list of all the charges that stand since 1996.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Will he also provide some context? In 1996 there was not significant Internet banking, so will he indicate how charges have evolved since that time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Depending on how succinct and detailed that information is, we may need to come back to the Central Bank for more information. We hope the information will be as comprehensive as possible in the first draft.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: We will need a bit of air traffic control to bring them in.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: I will give the Deputy a few seconds.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: That is a statement, Deputy. I am not taking a reply. I call Deputy Arthur Spring.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: My apologies, Deputy Spring, under Standing Orders I must call Deputy Brian Stanley.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: I call Deputy Stanley and then Deputy Spring.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: The Deputy is over time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: It was 12 minutes. Is the Deputy questioning that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: The Deputy is out of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: No. The Deputy had 14 minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: Can Mr. Sheridan clarify whether that is the case? Deputy Spring raises an important issue in that people are being double-charged for missing one payment.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: What is the difference in cost between withdrawing cash from an ATM and obtaining it over the counter? There are withdrawal limits in some banks. They may amount to €600 or €800 per day, for example. How much does walking the extra 20 metres to the counter cost?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Ciarán Lynch: That is the difference between putting a plastic card-----