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I didn’t expect the bank switch to be easy, but I started in January and I’m still at it

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Some disasters you never see coming. Others can be seen from miles away. When Ulster bank and KBC announced they were withdrawing from Irish retail banking, this was an apparent disaster in the making. Transferring their estimated half a million customers to new banks has never been easy.

In order for it to run smoothly, four things had to happen. The receiving banks had to hire a significant number of additional staff to handle the processing of the applications; Regulations had to be changed to allow for easier switching; Utility companies needed additional staff to process all bills of exchange; and finally, customers had to start switching early.

https://www.independent.ie/opinion/comment/i-didnt-expect-switching-banks-to-be-easy-but-i-started-in-january-and-im-still-at-it-41578993.html I didn’t expect the bank switch to be easy, but I started in January and I’m still at it

Fry Electronics Team

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