An tOrd Gnó - Order of Business
Seanad Éireann — 2022-11-09
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Maria Byrne (FG), Agricultural Panel

I raise the issue of the withdrawal of Ulster Bank and KBC Bank from Ireland. I recently received a letter from them, not only as a customer but as a member of the Committee on Finance, Public Expenditure and Reform, and Taoiseach, that they are beginning to freeze accounts, starting this Friday. It is an alarming wake-up call to people who have not engaged with the bank to close their accounts because many people have standing orders, be it for their pensions or a social welfare payment. It is worrying if people have their accounts frozen this coming Friday and then discover they cannot get access to them. There needs to be an intervention and banks need to be a bit more lenient. Some people did not understand how worrying this revelation would be and what a detrimental effect it would have on people's lives. Any intervention the Leader's office can make would be appreciated.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/seanad/2022-11-09/debate/main
Retrieved: 2026-08-14T04:51:15+00:00
Sitting date: 2022-11-09