Central Bank issues €500k tender to print cheques for savings lost with failed banks and credit unions

The Central Bank is to spend up to €500,000 on printing and personalising cheques for people who may lose their bank savings as part of the deposit guarantee scheme. File picture

The Central Bank is to spend up to €500,000 on printing and personalising cheques for people who may lose their bank savings as part of the deposit guarantee scheme.

The bank, which operates as Ireland’s financial regulator, has invited applications to tender for the contract to produce and distribute the cheques in question.