Fianna Fáil TD for Cavan and Monaghan, Brendan Smith has welcomed the decision by AIB to halt plans to move 70 local branches to a cashless service.

Following an update from AIB today, Deputy Smith commented, “There was widespread concern and deep disappointment when AIB announced plans to stop providing cash at many local branches across the country earlier this week.

“Myself and many of my Fianna Fáil party colleagues immediately sought a change of strategy from AIB on this deeply unfair move.

“Withdrawing cash services from branches will leave many of our most vulnerable people in towns across Ireland without cash banking services, with some customers having to travel an hour to access cash and ultimately getting left behind in terms of being able to effectively deal with their personal finances on a day-to-day basis.” 

The Cavan and Monaghan TD added: “I am pleased to see that AIB have now decided to change strategy and I will work with all relevant stakeholders to ensure that the voices of those most vulnerable are heard and they get all the support they deserve and need.”

ENDS

22/07/2022