April 29, 2022
Customers must be provided with resources following KBC extension of notice period – Pearse Doherty TD

Sinn Féin spokesperson on Finance Pearse Doherty TD has welcomed the decision by KBC to extend its notice period for customers to close their current accounts from 90 days to 6 months.

Today the Donegal TD has called on the bank and all receiving banks to ensure there is adequate staffing, time and resources to ensure a good outcome for customers.

Speaking this morning, Teachta Doherty said:

“I welcome today’s decision by KBC to extend its notice period for customers to close their current accounts to six months.

“The 90-day timeframe first set by KBC was not practical, but in fact a recipe for disaster.

“While the extension announced today is welcome, much more needs to be done to ensure customers have the time and access to services required to close their accounts and open new accounts with receiving banks.

“This impacts more than 130,000 KBC current accounts.

“The Central Bank has made clear that exiting and remaining banks are not prepared for the largest ever migration of customers.

“They have a duty to ensure that customer needs are met – that is not happening at present.

“As we enter the holiday season over the coming months, and with waiting times for appointments often taking months, there is a high risk that customers needs will not be met in this tight timeframe.

“Exiting and remaining banks must ensure that the necessary time and resources are dedicated to this change.”

Follow us online

Latest Tweets

Sinn Féin launched our health plan for local health services. We want people to have the very best access to local healthcare services. You can read our plan here 👉 https://vote.sinnfein.ie/wp-content/uploads/2024/03/Caring-for-Communities.pdf
@davidcullinane

Tackling the crisis in Lough Neagh is a priority.

Today I visited the Lough and heard first hand about the issues it faces, and I am glad that coordinated efforts are underway to protect its stunning beauty and essential roles in the environment, tourism, fishing, and water…

https://www.surveymonkey.com/r/childcaresurvey2024

Sinn Féin is working to make childcare affordable and accessible for all parents.

We have launched a survey to listen to your personal experiences of childcare, and to help us address issues facing families.

Please take a moment to fill in our survey.

Irish intervention in ICJ genocide case must be meaningful – Matt Carthy TD

“The intervention must be a meaningful one that sets out clearly the position of the Irish people that Israel is engaged in a genocide against the people of Gaza”

@mattcarthy

Load More