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Another bank stealing money from their customers, again

For the second time in four months, Ulster Bank has admitted that it stole money from it’s customers. This time it was students it picked on, admitting that it took upwards on €950,000 from 26,000 of them – an average of €88 per student. The bank said an internal review discovered that it had applied the charges on the registered student accounts, which are not supposed to have any interest or charges imposed on them.

This now means that in the past 3 years, some of the biggest Irish businesses have admitted to stealing/overcharging 1,501,973 Irish consumers by €113,709,000. You can read further here on Value Ireland for a full breakdown.

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