Ireland of Equals Sinn Féin -- Building an Ireland of Equals

Minister welcomes abolition of cross-border transfer fees

Published: 28 November, 2007

Sinn Féin deputy First Minister Martin McGuinness has welcomed the decision by National Irish Bank and its sister company Northern Bank to abolish fees for electronic cross-border transfers.

Mr McGuinness said:

"At the recent institutional meeting of the North South Ministerial Council in Dundalk it was agreed to set up a working group to examine cross-border banking issues, including transaction charges, and report back to a future NSMC meeting. This announcement is therefore welcomed.

"It will prove beneficial to many people who work and live on different sides of the border and I hope it may provide a lead which other banks will follow." ENDS