News

Bank of Ireland takes Brinks to court

May 1, 2005

Banking Business Review Online: Bank of Ireland is expected to take Brinks Allied to court over the security company's refusal to transport cash to a select number of the bank's outlets.

The bank is seeking court support for what it considers to be a breach of contract by Brinks, which has withdrawn some of its services over disagreements about liability for stolen money.

Bank of Ireland said Brinks refused to supply cash-delivery services to Dublin branches and ATMs after the bank refused to agree to new terms of operation between the two companies.

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