Prize bonds

Sir, – Further to the letter by Patrick Hastings (December 20th), I am also a dissatisfied prize bond customer and I suspect one of many.

I have been buying prize bonds in small amounts since 1987 and when I recently tried to reinvest a €50 prize using their cheque, I received a letter requesting various proofs and my PRSI number and quoting money-laundering legislation. I pointed out to it that the legislation does not require this in my case and that according to welfare.ie, it is not entitled to request my PRSI number.

After further correspondence, the matter is now with its “resolution team” and I await developments. – Yours, etc,

EAMONN BALFE,

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Waterford.