The Irish bank is seeking court support for what it considers to be a breach of contract by Brinks, which has withdrawn some of its services over disagreements about liability for stolen money. It is believed that Brinks wants Bank of Ireland to take on the responsibility for losses due to robberies perpetrated against it.
Bank of Ireland said that Brinks has refused to supply cash delivery services to its Dublin branches and ATMs after it refused to agree to new terms of operation between the two companies, set out in a letter from Brinks dated April 20.
Brinks Allied is responsible for cash deliveries to 48 of the bank’s Dublin branches and half of its offsite ATMs. The majority (59) of these ATMs are based in and around Dublin and 30 in the South (Waterford 10 & Cork 20).
The Irish bank added that as a result of Brinks action, it had no option but to seek an injunction restraining Brinks Allied from reneging on its contractual obligations during any negotiation. A court decision is awaited.
