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Pearse Doherty TD welcomes Bank of Ireland rowing back on cashless banks

28 August, 2018 - by Pearse Doherty TD

Sinn Fein Finance spokesperson Pearse Doherty TD has welcomed the confirmation to him by Bank of Ireland that it will be rowing back on its decision to remove some cash services from branches and will be restoring some of these services.

By the end of the year this process should be well underway beginning in Bailieborough and Carrickmacross.

Deputy Doherty said:

“I welcome beginning of process to restore over 50 Bank of Ireland branches. This is a recognition that the original decision was the wrong one. 

"I urge communities to continue to make their voices heard so that even more closures can be reversed.

"It does not go far enough for those communities left without a cash service and I will continue to push for these communities.

"These closures were a huge blow to rural Ireland in particular and to older people.  

"I am informed that by the end of year Bank of Ireland will have restored their cash services to a total of 154 branches.  

"The policy of reducing cash services was wrong and I am glad that public pressure has won a reverse in policy. I am sure that commercial common sense has played a factor with the bank realising its mistake.

"These services should be restored as soon as possible, to as many branches as possible. I commend Bank of Ireland on this decision and hope other banks will follow the example.”

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