Ulster Bank have announced a one-month extension to the closure of its accounts so customers can easily access one-off welfare payments.
The bank confirmed today that customers can continue to use Ulster Bank’s services until November despite its phased withdrawal from Ireland. This means that customers who had accounts that were supposed to freeze today can continue to use them until November 4.
The bank confirmed that the extension was granted in order to assist people receiving off one social welfare payments in line with Budget 2023. The child benefit payment, for instance, is to be allocated to welfare recipients on November 1.