Dáil Éireann Debate, Thursday - 19 July 2012
326 Deputy Tony McLoughlin asked the Minister for Social Protection the reason her Department continues to have its banking business with UK banks when banks bailed out and supported by the taxpayer such as AIB and Bank of Ireland are not used by her Department to conduct its banking business; and if she will make a statement on the matter. [36242/12]
View answerThe only role my Department has in this matter is that the Department of Health send instructions to my Department requesting the transfer of funds to their EFT/Public Bank Accounts for the purposes of making (1) payments to suppliers and (2) salary payments to their staff. My Department transfers the funds to these accounts via the Central Bank. My Department does not operate commercial bank accounts on behalf of the Department of Health.
