Tuesday January 28, 2020

Ulster Bank to refund thousands of business customers

Almost 18,000 accounts were affected by the overcharging, which dates back to 2012, and the average amount to be refunded is less than €2,000

Ian Guider

Markets Editor

@ianguider
14th June, 2018
Ulster Bank sale does not include any performing loans

Ulster Bank is to refund about €36 million to thousands of its business customers who were overcharged on loans and overdrafts.

The bank said today that almost 18,000 accounts were affected by the overcharging, which dates back to 2012, and the average amount to be refunded is less than €2,000.

But the bank said the loan documentation for these accounts did not allow for changing the definition of...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

What’s coming up today and what you might have missed

Hannah O’Brien | 1 month ago

What’s coming up today and what you might have missed.

Hannah O’Brien | 1 month ago