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Ireland · Question · written

PQ 126

163 Deputy Michael McGrath asked the Minister for Finance if the Central Bank of Ireland legislation permits a regulated financial institution, without the express permission of the customer, to transfer money out of an account held by one of its customers and to offset it against an amount owing by the same customer to the bank in a separate loan account with the same institution. [7877/12]

askedIreland· Dáil Éireann· EN

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14 February 2012

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14 February 2012

Summary

163 Deputy Michael McGrath asked the Minister for Finance if the Central Bank of Ireland legislation permits a regulated financial institution, without the express permission of the customer, to transfer money out of an account held by one of its customers and to offset it against an amount owing by the same customer to the bank in a separate loan account with the same institution. [7877/12]

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Financial Services Regulation

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