A survey by the Irish Farmers Journal of the fees charged by banks for basic services such as maintaining accounts and lodging cheques reveals a significant range in costs to farmers across the four main banks.

In some cases, account maintenance fees (the fees which banks charge for the basic administration costs of running a business account) are moving towards £150 per year. It is a significant amount of money, particularly given that many farmers rarely, if ever, let their business account get overdrawn. On top of this are the charges for writing and lodging cheques, withdrawing cash, etc.