Margaret Ritchie, South Down MP, has responded to reports thatxa0Ulster Bank customers had problems using bank cards and making online transactions last night, which was reported to be part of a UK-wide problem affecting the RBS banking group.
Ms Ritchie has joined MPs to urge the government to fully commit to taking action on the FSA Report on the Ulster Bank/RBS payment crisis, and said : โFollowing the Ulster Bank/RBS payment crisis last year, I have been pursuing the Treasury for its response to the crisis and the actions that will be taken to ensure that banking customers are not left in the same situation in the future. This latest โglitchโ, which is less widespread than on the previous occasion, has once again left customers in a difficult situation, and it highlights the importance of ensuring that the banking payments system is fit for purpose. โIn response to my recent representations on the Ulster Bank/RBS payment crisis the Treasury have advised that the Financial Services Authority Independent Review into last yearโs incident is underway. Treasury Minister Greg Clark also stated that the Government was committed to a stable banking system and will consider the FSAโs conclusions and commit to taking action where needed. โWhile I welcome this response by the Treasury, I am concerned that the matter has lost its sense of urgency with the Financial Services Authority and the Government. It has been nearly 9 months since the crisis and clearly, given the events of the last 48 hours, problems are still inherent in the payments system. I would urge that the Government fully commit to taking action on the FSAโs conclusions and push for the outcome of the FSAโs report at the earliest possible opportunity. I will be tabling parliamentary questions to this effectโxa0
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