Missed payments from bank switches should not affect customers’ credit histories, says Kissane

The financial adviser insists customer payments missed as a result of the exit of Ulster Bank or KBC must not be recorded on credit register

Padraic Kissane, the financial advisor, says bank customers who miss bank payments as a result of switching banks cannot have their credit rating affected. His words may come as a strong warning to banks and the regulator. Picture: Fergal Phillips