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Dublin: 12 °C Tuesday 21 May, 2013

Ulster Bank: petition calls for free banking until 2013

A cross-party petition signed by almost 100 Oireachtas members was delivered to Ulster Bank today.

Image: Sasko Lazarov/Photocall Ireland

ALMOST 100 MEMBERS of the Oireachtas have signed a petition calling on Ulster Bank to waive customers charges until the end of January next year.

The petition was delivered to Ulster Bank headquarters in Dublin by Senator Lorraine Higgins this afternoon. She told TheJournal.ie that she was met by one of the group’s officials before, once more, requesting a meeting with chief executive Jim Brown.

“I only started calling for signatures yesterday and already have almost 100,” she explained. “The bank should take this seriously as it is one of the first issues that has gained cross-party support across the Oireachtas.

“Customers need clarity on where they stand with Ulster Bank. Fancy public relation campaigns promising customer care is one thing – but the time has come for the bank to be upfront about what compensation they intend to offer customers,” she added in an earlier statement.

The Labour Senator said she hopes to hear from both Brown and the RBS chief Stephen Hester about her requests for meetings shortly.

Since the delay in payments began on 19 June, Higgins has argued that Ulster Bank should waive all customer charges as a gesture of goodwill. She raised the issue with Brown when he appeared before the Dáil finance committee last week but no commitment was given.

“He has been blatantly avoiding the questions,” according to Higgins.

This petition drafted on behalf of the thousands of people across Ireland suffering at the hands of this so called ‘glitch’, and supported by members of both sides of the house, should be an important wake up call to Ulster Bank – that in the event of a massive systems collapse, customers should be adequately protected.

Meanwhile, problems persist for Ulster Bank customers despite claims from the group that many customers are seeing an “improved position on their accounts today”.

The bank has said that this will be the final week of significant delays for customers and that there will continue to be noticeable improvements as the days pass.

By next week, “the vast majority of customers should return to a normal service”, the latest update reads.

Opening hours will continue to be extended throughout the rest of the week and over the weekend. Fifty-one branches will open daily to 7pm until Friday and 34 branches will offer services until 3pm on Saturday. Some locations will also open on Sunday from 10am to 1pm.

The problems began last month when an attempt to update the software systems of Ulster Bank and its parent bank Royal Bank of Scotland on 19 June resulted in the so-called ‘technical glitch’ occurring.

More: HSE staff still waiting on 21 June pay>

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Comments (24 Comments)

  • SL 11/07/12 #

    so the call is for free banking for another 6 months? wow. aim high guys. I’m pretty sure UB didn’t plan to bring in fees till about then anyway.

    Reply
  • What use is that if you already have free banking? If RBS/Natwest ‘compensation’ in the UK is anything to go by, there won’t be any compensation, just reimbursement of fees that wouldn’t have happened if their banking systems were working in the first place! Madness I say!!

    Reply
    • as a ulster bank customer i was thinking the same i have free banking with them anyway. i been away for 7 months i heard it was ending but haven’t heard when or got any notice when its meant to end from them either way that’s at least what i like to happen

      Reply
    • @ James Gibbins. Wouldn’t know when free banking would stop in your case. Have a student account with another year to do in college so gathering will be free in my case until at least June next year. Maybe you’ve slipped through the net somewhere – say nothing!! ;o)

      Reply
  • Hope Ulster Bank give up those annoying ads that are on the radio “we employed blah blah”.No sorry you massively inconvienenced the whole damn country!

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  • What about free banking until 2015 at least….more like it.

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  • I would be more impressed with this bunch of opportunists if they took the same interest in fixing the delays in Social Welfare approvals for benefit applications, HSE processing of Meical cards, processing asylum seekers, etc etc etc. nnThere are banking and financial services regulators as well an ombudsman already in place to deal with issues arising from the Ulster Bank debacle.nnThese clowns in Leinster House would be better off bringing pressure to bear on our truly appalling public services and rapacious semi- states instead of grandstanding on issues that are already being dealt with.

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    • Spot on. This is exactly the type of rubbish that damages the reputation of the Seanad. She’d be better employed calling on her fellow party members to deal with the things you mention and then some.

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  • Personal customers have free banking with Ulster anyway!!!!

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  • My arse! Free banking for life! Or then I up sticks & leave. Amazing how after I contact the financial regulator to complain that all of a sudden I get a phone call & email from someone senior in their complaints department who can only be described as fawning & borderline begging me to withdraw my complaint. Watch this space.

    Reply
  • This is so lame that its worrying. I knew the government was pathetic and impotent, but resorting to a 100 signature petition in order to create some kind of gesture from the bank is a new level altogether.
    Whats next? A 250 signature petition to Europe for better bailout terms.

    Reply
  • While the Oireachtas members must be applauded in trying to put pressure on ULSTER BANK it would probably make more since first if they got a petition going so that the HSE/ULSTER BANK PAY OVER THE WAGES THAT ARE DUE TO THE NURSES FOR THE PAST 3 WEEKS

    Reply
  • Withdraw your savings out of Ulster Bank – it cripples them.

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  • Hmm so the government is doing this as to encourage people not to close their UB accounts and let the bank get what they deserve…. ie closing in Ireland.
    The government is probably aware of the amount of problems it would cause for them if UB was to fold in Ireland

    Reply
    • SL 11/07/12 #

      agree with you. its bad on so many levels if they leave. competition loss. job losses. etc. this whole situation with customer attrition probably suits RBS to the ground. a viable exit strategy for a loss making bank.

      Reply
  • One month since I saw a salary ! Ub gave me a 100% guarantee that all would be sorted by Monday at the latest! Otherwise it’s all guns blaising!

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  • Get them to bring down their interest rates that are crippling people who are unfortunate enough to have a mortgage with ulster bank…highest interest rates in the country at the moment..

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  • Is free banking not offered by every bank under some conditions? I.e free banking, online banking, bill pay, debit card etc, if u have a direct deposit going into your acct once a month….or if u maintain say €500?
    I left Ireland in the early 90s…i just glanced at a couple of websites and the products they offer in banks there blow my mind…charges for this, changes for that. Nuts!
    And this whole UB situation is a complete debacle. what a disgrace.

    Reply
  • Aarum 11/07/12 #

    It’s the least they could do

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  • Denis 11/07/12 #

    Populist bs, wouldn’t need to be a Sherlock to figure out who signed (probably with an x )

    Reply
  • D Griff 11/07/12 #

    I’d say there is as much chance of that happening as hiding a chubby in a budgie smuggler.

    Reply
  • Free banking … You give them your salary/savings so they can loan it out or make 18% on it from credit card customers … There should be no fees..If anything they should be paying you for using your money.

    Reply

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