IFA has called on Meat Industry Ireland to provide electronic payment facilities for farmers who are selling livestock.
The Chairman of the Livestock Committee Brendan Golden and the Chairman of the Sheep Committee Sean Dennehy met MII recently to discuss the provision of electronic payments.
“Farmers who are selling livestock should have the option of Electronic Funds Transfer (EFT) if they want to avail of it. It is a standard service that exists across society and we want processors to extend it to farmers.”
The exit of Ulster Bank and the branch closures announced by Bank of Ireland will lead to a further contraction of banking services in rural Ireland.
“Farmers simply won’t have the facility to lodge cheques because they won’t have a bank in their community. The absence of an EFT arrangement will put farmers who don’t have easy access to lodgement facilities at a disadvantage.”
Brendan Golden and Sean Dennehy have asked processors to give this matter their urgent attention.
Subscribe or register today to discover more from DonegalLive.ie
Buy the e-paper of the Donegal Democrat, Donegal People's Press, Donegal Post and Inish Times here for instant access to Donegal's premier news titles.
Keep up with the latest news from Donegal with our daily newsletter featuring the most important stories of the day delivered to your inbox every evening at 5pm.