Written answers
Tuesday, 27 January 2015
Department of Finance
Bank Charges
Pearse Doherty (Donegal South West, Sinn Fein)
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207. To ask the Minister for Finance the amount collected by each State backed bank in maintenance fees or overdraft facility charges for each of the past five years on bank accounts that have been inactive for at least three years. [3558/15]
Michael Noonan (Limerick City, Fine Gael)
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The banks have been unable to provide the information as requested by the Deputy within the required timeframe as I understand that this data is not captured by the banks in the normal course of operations.
However one bank, permanent tsb, has provided my Department with an estimate of the information requested which would indicate that the amount over the past five years is not material as only a very small number of their accounts were charged the fees in question and were inactive at any point in time.
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