Bank Drafts

Dáil Éireann Debate, Wednesday - 11 January 2012

Wednesday, 11 January 2012

Ceisteanna (119)

Billy Timmins

Ceist:

112 Deputy Billy Timmins asked the Minister for Finance his plans to deal with bank drafts which have remained uncashed for an unacceptable time period; if his attention has been drawn to the amount of uncashed bank drafts that are five years or older. [1277/12]

Freagraí scríofa

Minister for Finance (Deputy Michael Noonan)

I am advised by the Central Bank that it is a matter for the payee when he or she wishes to cash a bank draft. I have no knowledge of the number or amount of bank drafts that remain uncashed for five years or longer.