The largest cash point network in the UK has launched a much-needed review into ATM closures, one of our key campaign demands.
Responding to the announcement, Harry Rose, Which? Money, editor said:
‘We’ve seen hundreds of ATMs closing across the country, with more under threat, which risks excluding the millions of people still reliant on cash in their daily lives. This review is much-needed and we’ll be pushing to ensure that everyone’s access to cash is properly protected.
‘It seems incredulous that LINK didn’t carry out a similar process before it decided to cut funding to the ATM network in the first place. The Payments System Regulator should really be undertaking this task and conducting a wider market review to ensure people aren’t stripped of their ability to access their own money free of charge.’