Sir, – We have a commercial, regulatory, contractual, and legislative regime which facilitates the transfer of mortgages and life-assurance contracts in a relatively seamless fashion from one financial institution to another.
Is it possible to devise a similar arrangement for current accounts without requiring the level of individual action made obligatory for many Ulster Bank account holders?
Perhaps our domestic and European agencies and political institutions could start work on this design now. – Yours, etc,
JOHN MAHER,
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School of Business,
Waterford Institute
of Technology,
Waterford.