Dáil Éireann Debate, Thursday - 23 June 2016
59. Deputy Thomas Pringle asked the Minister for Finance the status of his engagement with the post office network; if and when he will publish a draft ministerial order pursuant to section 67 of the Post and Telecommunications Services Act 1983 to enable post offices to provide a range of financial services, including a standard bank account; and if he will make a statement on the matter. [17500/16]
View answerMy Department has engaged with An Post in relation to the provision of payment accounts and the requirements of the Payment Accounts Directive which my Department is currently transposing. A public consultation on the national discretions contained in the Payment Accounts Directive was held last year and my Department is engaging with An Post and other stakeholders on this issue.
Ministerial Order S.I. 170 of 2016 which was signed on 19 April 2016 provides An Post with the necessary legal mechanism to begin providing a payment account service and to continue providing a number of other banking services which they currently offer.
