Bank takes Brinks to court

BANK OF IRELAND has decided to take legal action against security firm Brinks Allied after the company ceased its cash-in-transit deliveries for the bank in a bitter row over who should compensate for stolen cash.

Last night, the bank claimed that cash supplies at 89 of its ATMs in Cork, Dublin and Waterford had been disrupted because of the row.

The bank said that last week Brinks Allied had written to it seeking to alter the terms of its contract to transport cash on behalf of the bank. It is understood that the changes would have transferred liability for losses of cash in robberies from the security firm to the bank.