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dailyrecord.co.uk Britain Scotland city Halifax city Santander, Britain information action Santander Britain Scotland city Halifax city Santander, Britain

10 major banks join forces to help protect future access to cash

15.12.2021 - 17:38

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dailyrecord.co.uk

dailyrecord.co.uk:

Major banks have agreed to join forces and share services to help people and businesses continue to be able to access cash.

Barclays, HSBC UK, Lloyds Banking Group (Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows), Nationwide Building Society, NatWest, Santander UK, TSB and Danske Bank have agreed to the new approach, with some other firms also considering joining up.

The collaboration, achieved through the Access to Cash Action Group (CAG), signals a long-term commitment to ensuring widespread cash and banking access for communities where services are limited.

It means that if a bank involved in the initiative decides to close a branch, it will inform the ATM network, Link. Link will then independently assess what the closure