Scotland’s major banks give evidence on access to cash

Committee to hear the impact of dramatic reductions in ATMs and bank facilities

Metadata
Provider: 
UK ParliamentUK Parliament
URL: 
http://www.parliament.uk/business/committees/committees-a-z/commons-select/scottish-affairs-committee/news-parliament-2017/access-to-financial-services-evidence-17-19/http://www.parliament.uk/business/committees/committees-a-z/commons-select/scottish-affairs-committee/news-parliament-2017/access-to-financial-services-evidence-17-19/
Retrieved on: 
Saturday, April 27, 2019
Information
Tags: 
Financial services, Economy, Money, Payment systems, Automated teller machine, Automation, Bank, MoneyPass, ATM usage fees
Summary
Key Points: 
  • The number of ATMs and bank facilities in Scotland has been reducing dramatically over the last few years, raising serious concern about how many businesses and communities will cope with reduced access to cash.
  • On Tuesday, four major banks in Scotland including RBS will appear in front of the Committee to give evidence on recent developments in access to financial services in Scotland.
  • The Committee has already taken evidence from consumer groups, such as Which?
  • and Citizens Advice, and ATM networks as part of its inquiry into access to financial services
    Susan Allen, Head of Retail and Business Banking, Santander
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