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Answers needed from Ulster Bank – Doherty

24 April, 2018 - by Pearse Doherty TD

Sinn Féin Finance Spokesperson Pearse Doherty TD has said answers are needed from Ulster Bank and that customers deserve a full explanation of why their money has disappeared from their accounts. He has called on the Oireachtas Finance Committee to call in the bank’s CEO and the Central Bank without delay.

Deputy Doherty said:

“Banking is supposed to be based on trust. Ulster Bank customers find themselves let down again by their bank that they trusted would mind their money.

“The first some have heard about this is a text message from Ulster Bank telling them they are overdrawn. Six years ago, we were reassured by Ulster Bank and the Central Bank that the problem was sorted. Now, we are back to a situation where the bank’s IT system is failing customers.

“I have called on Ulster Bank and the Central Bank to be brought into the Finance Committee without delay so we can get answers. The Central Bank must take appropriate action and force Ulster to get its act together.  Customers of Ulster Bank have the right to expect their money to appear in their account and to be accessible when they want it.” 

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