Central Bank engaged with Bank of Ireland as lender decides to pay out over 'smishing' scam

Bank of Ireland has changed tack saying it will now reimburse customers impacted by a recent fraud scam

The Central Bank made contact with Bank of Ireland over payments to customers defrauded by scammers.

Bank of Ireland has done a u-turn by saying it will now reimburse customers impacted by the recently exposed ‘smishing’ scam, which has targeted customers of all banks in recent months, but seemingly mostly Bank of Ireland.