23/07/2012
Ombudsman Releases Ulster Bank Compensation Guide.
The Financial Ombudsman has published details of how people affected by the RBS crisis can claim compensation, but warned that it would require legwork from customers.
The ombudsman has listed the types of loss for which claims could be considered, including bank charges, phone calls and legal bills.
Indirect losses and expenses could also be considered for claims – such as having to take time off work to deal with urgent banking problems.
And under another heading entitled "trouble, stress and inconvenience", the ombudsman advises that people may be able to claim if they have been embarrassed at not being able to pay back a debt.
Thousands of customers at RBS and sister banks Natwest and Ulster Bank were left out of pocket when a technical glitch at RBS Group meant their accounts could not be updated.
Ulster Bank accounts took longest to be sorted out, with trouble dragging on until last week, on July 16.
David Cresswell of the Financial Ombudsman Service stressed that claim payments would not come in "automatically".
He said: "It's really important for people to realize they are going to have to claim things themselves, it won't necessarily happen automatically. There's so much stuff that unless you write it down and actually claim, no-one else is going to know about it."
To see the checklist, see here.
A spokesperson for Ulster Bank said it would "shortly" announce details of its own compensation scheme.
(NE)
The ombudsman has listed the types of loss for which claims could be considered, including bank charges, phone calls and legal bills.
Indirect losses and expenses could also be considered for claims – such as having to take time off work to deal with urgent banking problems.
And under another heading entitled "trouble, stress and inconvenience", the ombudsman advises that people may be able to claim if they have been embarrassed at not being able to pay back a debt.
Thousands of customers at RBS and sister banks Natwest and Ulster Bank were left out of pocket when a technical glitch at RBS Group meant their accounts could not be updated.
Ulster Bank accounts took longest to be sorted out, with trouble dragging on until last week, on July 16.
David Cresswell of the Financial Ombudsman Service stressed that claim payments would not come in "automatically".
He said: "It's really important for people to realize they are going to have to claim things themselves, it won't necessarily happen automatically. There's so much stuff that unless you write it down and actually claim, no-one else is going to know about it."
To see the checklist, see here.
A spokesperson for Ulster Bank said it would "shortly" announce details of its own compensation scheme.
(NE)
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New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
New NI Bank Notes In Circulation
New bank notes have been released into circulation in Northern Ireland. The £10 and £20 notes are being issued from Danske Bank and will gradually replace the existing Northern Bank notes. The design of the notes remains the same, the only difference is the Danske Bank logo has replaced the Northern Bank logo.
10 May 2012
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
Northern Bank To Be Rebranded
Danske Bank has announced a new organisational set-up for its operations in Northern Ireland and Ireland. The new structure will take effect on 1 June 2012. The re-organisation mirrors a similar Group wide set-up being introduced in all Danske Bank operations.
03 January 2007
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
Bank robbery charges dropped
The County Down man accused of the £26 million Northern Bank robbery in 2004, has had the charges against him dropped. Dominic McEvoy, 23, a builder from Mullandra Park in Kilcoo, was not present in Belfast Magistrates Court during the hearing.
07 January 2005
Consequences ‘dire and grim’ says Robinson
The consequences for Sinn Féin will be “dire and grim” if Chief Constable Hugh Orde confirms IRA involvement in the £22 million Northern Bank robbery last month, said DUP deputy leader Peter Robinson.
Consequences ‘dire and grim’ says Robinson
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03 December 2013
Ulster Bank Issues Resolved
Ulster Bank says it has resolved technical problems that left many of its customers unable to access basic services on Monday evening. The glitch affected customers of the Royal Bank of Scotland (RBS) Group, which includes NatWest and Ulster Bank, with many account holders unable to use their debit or credit cards.
Ulster Bank Issues Resolved
Ulster Bank says it has resolved technical problems that left many of its customers unable to access basic services on Monday evening. The glitch affected customers of the Royal Bank of Scotland (RBS) Group, which includes NatWest and Ulster Bank, with many account holders unable to use their debit or credit cards.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.