22 Jul AIB reverse cashless banks plan for Mayo

A Mayo TD has welcomed AIB’s decision to abandon its proposed changes to the way it handles cash services.

Deputy Alan Dillon stated: “This is very welcome news. I note the significant public reaction in Mayo to AIB’s announcement earlier this week and I welcome the Bank’s decision not to proceed with the proposed changes to customer services in certain branches.”

Earlier this week I called on AIB to reverse its decision to turn a further 70 of its branches cashless and I welcome there statement today.

“For towns like Ballinrobe and Claremorris, it is crucially important that cash, cheque an ATM services are maintained. Local banks like AIB have a key role in maintaining the flow of cash through our rural economy and ensuring appropriate access to retail banking services for all including the vulnerable and elderly.

Deputy Dillon added “Already we have seen a shrinking of bank services in Mayo with Bank of Ireland closures last year in Ballyhaunis, Charlestown and Kiltimagh along with Ulster Bank announcing it will remove all its services, and the proposed move by AIB would have been devastating to these rural towns.”

END.