Rival banks help Ulster with one-off payments

Worried workers unable to access their wages because the companies they work for are with Ulster Bank will be able to receive one-off payments from other institutions.

Bank of Ireland, AIB, Permanent TSB, and National Irish Bank will allow the move for their own customers to help stave off the risk of a major crisis as a result of the Ulster computer systems problem.

The short-term payment structure means people who bank with the other firms but work for an organisation which saves with Ulster Bank will still be able to receive up to €500 of their wages from their own bank.