Fears of a 'trek for miles' just to find a cash machine as Link looks to thin out free-to-use ATMs to boost profitability

Consumer group Which? is warning against an industry move to curtail the number of cash machines countrywide.
This Wednesday, Link, the country’s largest network of cash machines, will confirm the fees operators will be able to levy when a customer of a competing bank uses one of its hole-in-the-walls.
It is likely the charge – paid by the bank, not the customer – will come down from an average of 25p to 20p over a period of four years with the first cut of 0.7 pence taking effect as early as June. 
The reduction is likely to result in independent cash machine operators scaling back their... read more

28 January 2018 in Business, Views: 75
Source: Daily Mail

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