Cash Dispensing

(asked on 20th April 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what steps he is taking to support the ATM industry during the covid-19 outbreak.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 28th April 2020

The Government has announced unprecedented support for public services, workers and businesses to protect against the current economic emergency. The Government is monitoring the impact measures are having and keeps all policies under review.

To ensure that people continue to be able to access their cash during the Covid-19 outbreak, the Government continues to work closely with the cash industry and regulators.

LINK has existing commitments to protect free-to-use ATMs that are 1 kilometre or further from the next free-to-use ATM or Post Office, and several of its members have recently pledged to replace these protected ATMs should they close in the next 12 months.

The Government-established Payment Systems Regulator (PSR) is closely monitoring developments in ATM provision. The PSR regulates LINK, the scheme which runs the UK’s ATM network, and has used its powers to hold LINK to account over LINK’s commitments to preserve the broad geographic spread of the ATM network.

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