Written answers
Wednesday, 11 January 2012
Department of Finance
Bank Drafts
8:00 pm
Billy Timmins (Wicklow, Fine Gael)
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Question 112: To ask the Minister for Finance his plans to deal with bank drafts which have remained uncashed for an unacceptable time period; if his attention has been drawn to the amount of uncashed bank drafts that are five years or older. [1277/12]
Michael Noonan (Limerick City, Fine Gael)
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I am advised by the Central Bank that it is a matter for the payee when he or she wishes to cash a bank draft. I have no knowledge of the number or amount of bank drafts that remain uncashed for five years or longer.
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