I don't necessarily agree with the reasoning here. Outsourcing is not necessarily a worse solution than employing full time staff. In some cases it could be a better option - e.g. if you get the benefit of better expertise and service level agreements written into the contract. Remember that the original (arguably xenophobic/racist tinged) explanation that some poor mug in India precipitated the problem has already been debunked.
There are ATM specific fees on any of the UB current account products. Jowell does not know what he is talking about.
Agreed that the compensation needs to be much greater than a commitment to ongoing free banking.
The compensation, at this stage, needs to be a monetary amount and also fee refunds.
Any monetary amount is likely to be looked down upon by most people. For every 10 Euro to every customer costs them over 1 Million.
Personally I'd be happier with firm defined commitments to improve things and stop it happening again. That and no fees for life, or even no fees on UB to UB stuff, I'd live with that. Offering no fees for life is *way* more than any possible compensation they could offer.
I don't necessarily agree with the reasoning here. Outsourcing is not necessarily a worse solution than employing full time staff. In some cases it could be a better option - e.g. if you get the benefit of better expertise and service level agreements written into the contract. Remember that the original (arguably xenophobic/racist tinged) explanation that some poor mug in India precipitated the problem has already been debunked.
Unless they make some meaningful cash offer I will not be happy.
You are easily pleased with free fees. Most won't accept that.
Lets look at it this way, they offer everyone 100Euro. How long would it take fees to eat into that? Based on the amount I paid with PTSB over two months, less than a year. BOI/AIB then maybe 3-5 years.
...My wages from the 22nd June only went into my account 2 days ago and I'm still waiting for my pay from 29th but I have enough to see me through until they get this sorted.
There is no logic to how they are processing transactions. I have not got wages that were due on June 22 but yours went in two days ago. Like you, I'm lucky to have enough to keep going until it is fixed.
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had no real issues getting larger sums of money from a savings account last week.I need to withdraw 2500 from my savings account tomorrow. There are sufficient funds and have been since before these problems started. I was able to withdraw cash last week, a fairly big amount, but after seeing comments here about people spending hours on the phone, Im wondering will I get it as easily tomorrow. We are in the final few weeks of a house renovation and need easy access to OUR money. Will we get it?
Also, I wonder why they closed down the online banking service?
Ulster Bank 'Shut Down' Ulsterbank.ie Online Banking Until Normal Service Restored
[broken link removed]
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