Banking services through An Post will boost rural areas – McFadden

Fine Gael TD for Longford-Westmeath, Gabrielle McFadden, has said that An Post’s plans to offer banking services will be a major boost to rural areas.

Deputy McFadden’s praise for the new services set to be provided to An Post customers comes in the wake of Bank of Ireland being criticised for proposals to roll back on the services it provides.

Deputy McFadden said: “The news that An Post is to offer current account banking services through their branches will come as welcome news to rural communities. The move means that more than 1,000 post offices nationwide are set to challenge the main banks by offering value payment accounts.” 

An Post aims to offer debit cards, full access to ATMs, and point-of-sale facilities. It is also planning to allow its new current account customers to set up standing orders and direct debits from the new account. An Post’s payment account would also be accessible over the internet, by phone, and by using an app.

“I understand that An Post is engaging with the Department of Finance and will consult with the Minister for Communication, Energy and Natural Resources, Alex White before the necessary legislation will be drafted,” Deputy McFadden said. “I hope that these consultations take place as quickly as possible so that legislation can be progressed and people can begin banking with An Post in their local area.”

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