NIB begins reimbursing charges

Updated: 22:16, Wednesday, 29 September 2004

National Irish Bank says it has begun reimbursing customers following the High Court Inspectors' report which criticised it for imposing improper charges on some customers.

1 of 2 NIB Reimbursements begin
NIB
Reimbursements begin

National Irish Bank says it has begun a programme to reimburse customers following the High Court Inspectors' report earlier this year which criticised it for imposing improper charges on some customers.

NIB says documents relating to some accounts are missing, but it is automatically repaying customers where the amounts involved are less than €13, regardless of whether documentation is available.

It has today written to 47,000 customers to inform them.

The bank says the remaining cases are being investigated case by case, adding that work on this phase will take up to 12 months to complete.

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