Departmental Banking

Dáil Éireann Debate, Tuesday - 16 October 2012

Tuesday, 16 October 2012

Questions (281)

Michael McGrath

Question:

281. Deputy Michael McGrath asked the Minister for Public Expenditure and Reform if he will provide, in tabular form if possible, a list of the bank accounts used by his Department and separately any agencies within the remit of his Department; the purpose of each bank account and the financial institution the bank account is with; the total amount of any interest charged or bank fees incurred by his Department and separately by each agency in 2011 and anticipated figure for 2012; the percentage of payments issued by his Department and each agency which are issued electronically and if the Department agency has any special arrangement in place on the issue of bank charges and fees; and if he will make a statement on the matter. [44854/12]

Written answers

Minister for Public Expenditure and Reform

The following table shows the details of the bank account used by my Department:

List of Accounts	Purpose of each account	Financial Institution	Total Interest Charged/Fees Incurred 2011 (bank fees)	Total Interest Charged/ Fees anticipated for 2012	% of payments issued electronically	Any special arrangement regarding bank charges/fees
Current Account	For payment of invoices to suppliers and expenses to staff	National Irish Bank	€42.70	€107.00	99.06	No

With regard to the offices and agencies under the remit of my Department the following is the position:

State Laboratory

The State Laboratory has one bank account in Ulster Bank and we also use the services of a Financial Services Company,FEXCO, to process our foreign payments. I have included the charges for these foreign payments in the reply below.

List of Accounts	Purpose of each account	Financial Institution	Total Interest Charged/Fees Incurred 2011	Total Interest Charged/Fees anticipated for 2012	% of payments issued electronically	Any special arrangement regarding bank charges/fees
Current Account	Payment & Receipts Processing	Ulster Bank	€457.78	€450.00	100%	None
Financial Services Company	Foreign Payment Processing	FEXCO	€260.61	€250.00	100%	None

Public Appointments Service

List of Accounts	Purpose of each account	Financial Institution	Total Interest Charged/Fees Incurred 2011	Total Interest Charged/Fees anticipated for 2012	% of payments issued electronically	Any special arrangement regarding bank charges/fees
1	Pay suppliers	Ulster Bank	€480	€700	100	N/A

Office of the Ombudsman

The Office of the Ombudsman, the Office of the Information Commissioner, the Standards in Public Offices Commission, the Office of the Commissioner for Environmental Information and the Commission for Public Service Appointments are dealt with jointly. The Ulster Bank account relates to charges incurred by the Commission for Public Service Appointments.

List of Accounts	Purpose of each account	Financial Institution	Total Interest Charged/Fees Incurred 2011	Total Interest Charged/Fees anticipated for 2012	% of payments issued electronically	Any special arrangement regarding bank charges/fees
	Electronic funds transfer payments	NIB	383.48	415.25	100%	none
	Electronic funds transfer payments	Ulster Bank	136.61	67.49	100%	none
	online payments	NIB	64.61	56.91	n/a	none
	(OIC)
	corporate credit card	NIB	106.79	77.4	n/a	none

Valuation Office

List of Accounts	Purpose of each account	Financial Institution	Total Interest Charged/Fees Incurred 2011	Total Interest Charged/Fees anticipated for 2012	% of payments issued electronically	Any special arrangement regarding bank charges/fees
VAL OFFICE VISA PUBLIC BANK ACCOUNT	To accept customer Visa/Laser and EFT payments.	Bank of Ireland Talbot Street	€115.54	€136.74	53%	No
EMTS DEPT OF VALUATION	Payment of staff payroll and supplier invoices	Bank of Ireland College Green	€451.68	€458.04	100%	No

Question No. 282 answered with Question No. 280.