Seanad debates

Tuesday, 25 September 2012

3:15 pm

Photo of Jimmy HarteJimmy Harte (Labour) | Oireachtas source

What happened in Mayo on Sunday? I wish everybody in Donegal a good celebration. This evening, I am heading to Donegal to welcome the cup to Letterkenny.

On the call for the Minister for Finance to address the House on the banking industry, I know that many have questioned what will occur when banks pass over banking responsibilities to post offices. People will not be able to take money out of post offices if there is no ATM in their town or village. This will be a problem when more banks close down, especially in small villages. The Minister should address this problem through the banks. We should have a representative from the banks present at some stage or obtain clarification. It will be a problem if people are not able to withdraw money. They will only be able to lodge money at their post office. Their only choice will be to go to a shop and get cash back, which does not always work. This problem faces many elderly people and those who do not have access to an ATM.

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