Ulster Bank is advising farmers to lodge cheques at the closest opportunity before the bank exits the market.
Since mid-April, Ulster Bank has been writing to customers on a phased basis to give them six months’ notice to choose a new provider, and move and close their existing current and deposit accounts with Ulster Bank.
It is also advised that farmers do not take action until they receive a letter or an email from Ulster Bank which will be issued in tranches.
ADVERTISEMENT
“While customers do not need to take any action until they hear from Ulster Bank, Ulster Bank colleagues are ready to support all customers who might wish to begin the process now,” an Ulster Bank spokesperson told the Irish Farmers Journal.
In relation to out of date cheques, whether it’s a personal or business cheque, it is out of date after six months so the cheque holder will need to return to the person that issued the cheque and request a new one to be issued in order to cash it.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
Ulster Bank is advising farmers to lodge cheques at the closest opportunity before the bank exits the market.
Since mid-April, Ulster Bank has been writing to customers on a phased basis to give them six months’ notice to choose a new provider, and move and close their existing current and deposit accounts with Ulster Bank.
It is also advised that farmers do not take action until they receive a letter or an email from Ulster Bank which will be issued in tranches.
“While customers do not need to take any action until they hear from Ulster Bank, Ulster Bank colleagues are ready to support all customers who might wish to begin the process now,” an Ulster Bank spokesperson told the Irish Farmers Journal.
In relation to out of date cheques, whether it’s a personal or business cheque, it is out of date after six months so the cheque holder will need to return to the person that issued the cheque and request a new one to be issued in order to cash it.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS