HC Deb 14 April 1981 vol 3 cc107-8W
Mr. Cartwright

asked the Secretary of Slate for Industry what information he has about the number of European postal Giro services which (a) charge a fee for transfer payments to postal Giro accounts outside their countries and (b) do not make a charge for this service; and what is the highest minimum fee which is in operation.

Mr. Kenneth Baker

None.

Mr. Cartwright

asked the Secretary of State for Industry whether, in view of the proposed increase from £1 to £2.50 in the minimum fee for transferring small payments from a British to a foreign postal Giro account, he will reconsider his decision to remove such price increases from scrutiny by the Post Office Users National Council, particularly as this simple Giro transfer service is not offered by any bank in the United Kingdom.

Mr. Kenneth Baker

No; I understand that there are alternative overseas money transfer services available, though they may not be of a Giro type.