Tuesday June 2, 2020

Central Bank didn't approve Ulster compensation level

The Central Bank has issued the following statement on Ulster Bank's move to compensate customers its recent technical breakdown.

31st August, 2012
The Central Bank's statement on Ulster Bank

The Central Bank has issued the following statement on Ulster Bank's move to compensate customers for the stress and expenses incurred during the recent technical breakdown at the bank (key elements have been highlighted by us).

*The Central Bank said it had not been involved in approving the level of compensation offered by Ulster, though it had required it to offer redress. Where customers are not satisfied, they should approach the Financial Ombudsman, the Central...

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