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3 4 CHAIRMAN: Good morning, Mr. Murphy. 5 - The Tribunal of ...

3 4 CHAIRMAN: Good morning, Mr. Murphy. 5 - The Tribunal of ...

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8414:29:471 far as the bank is concerned a matter for the <strong>Tribunal</strong> in light <strong>of</strong> the evidence2 which has been furnished.34 We will attempt to shed further light on these figures if we can but that's the14:29:595 position for the present.67 <strong>CHAIRMAN</strong>: <strong>Mr</strong>. Hughes, could I just ask you about the commission, the two8 pounds commission. Can you shed any light? Was there a commission <strong>of</strong> two9 pounds?14:30:1410 A. It was a handling fee.1112 <strong>CHAIRMAN</strong>: A handling fee.13 A. Of two pounds.1414:30:1915 <strong>CHAIRMAN</strong>: Was that discretionary?16 A. It's built-in there.1718 <strong>CHAIRMAN</strong>: It's built-in there.19 A. Yeah.14:30:252021 <strong>CHAIRMAN</strong>: Was it always, was it automatically applied?22 A. It was.2324 <strong>CHAIRMAN</strong>: It was. That's not a commission?14:30:3025 A. It's a handling fee, Sir.2627 <strong>CHAIRMAN</strong>: It's a handling fee. All right.2829 JUDGE FAHERTY: Just one thing. <strong>Mr</strong>. Hughes, did you yourself do transactions14:30:3930 where you converted Sterling or indeed any foreign exchange?Premier Captioning & Realtime Limitedwww.pcr.ie Day 839

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