Written answers

Tuesday, 16 October 2012

Department of Jobs, Enterprise and Innovation

Departmental Banking

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Jobs, Enterprise and Innovation if he will provide, in tabular form if possible, a list of the bank accounts used by his Department and separately any agencies within the remit of his Department; the purpose of each bank account and the financial institution the bank account is with; the total amount of any interest charged or bank fees incurred by his Department and separately by each agency in 2011 and anticipated figure for 2012; the percentage of payments issued by his Department and each agency which are issued electronically and if the Department agency has any special arrangement in place on the issue of bank charges and fees; and if he will make a statement on the matter. [44852/12]

Photo of Richard BrutonRichard Bruton (Dublin North Central, Fine Gael)
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Details in relation to the bank accounts used by my Department are set out below:

Name of BankPurpose of Bank AccountFees and ChargesInterest ChargedInterest Earned
1. Bank of IrelandCurrent Account for EFT Payments2011: €491.27

2012*: €559.51
Nil

Nil
€5,154.51

€3,285.42

This is an interest bearing account therefore bank fees and charges are payable on the account.

Name of BankPurpose of Bank AccountFees and ChargesInterest ChargedInterest Earned
2. Bank of IrelandCurrent Account for Salary Payments2011: €38.00

2012*: €38.00
Nil

Nil
Nil

Nil
3. Ulster Bank (2) **Companies Registration Office:

Receipt of on-line credit transactions.

Receipt of fee payments via EFT.
2011: Nil

2012*: €259.41
Nil

Nil
Nil

Nil
4. Ulster Bank (2)***Patents Office:

Receipt of on-line credit transactions.

Receipt of fee payments via EFT.
2011: €12.00

2012*: €98.70
Nil

Nil
Nil

Nil

*Period: 1 January – 30 September 2012

**Bank accounts in use from 14 Dec 2011.

***Bank accounts in use from 11 Nov 2011.

Details of electronic payments issued to date in 2012 by my Department are set out below:

Number of Payments
% of Payments
Value of Payments
% Value of Payments
5988
82
€538m
99.7

It should be noted that my Department pays 100% of salary payments by EFT.

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