Dáil Éireann Debate, Wednesday - 12 December 2012
52. Deputy Finian McGrath asked the Minister for Finance if his attention has been drawn to the practice of AIB of only paying wages paid into an AIB account; his views on whether this is an unfair practice that limits competition and if he has any powers to stop this practice; and if he will make a statement on the matter. [55884/12]
View answerI have been informed by AIB that the statement made in the parliamentary question is incorrect. AIB's standard practice is to make payroll payments to the accounts of its employees regardless of which Bank they may be held in across the jurisdictions of Ireland and UK. The Bank does so on the basis of the instruction received from the employee who can change arrangements on request.
