The BBC reports more shared banking hubs will open in UK towns and villages as banks continue to close a swathe of branches
Major banks have signed a new voluntary agreement which means an independent assessment of local needs will be carried out each time a branch is shut.
These reviews could recommend a shared branch is opened, an ATM installed or a Post Office upgraded. Banks will commit to deliver whatever is recommended.
This should ensure vulnerable customers and businesses have access to cash.
Full article:
The BBC – Bank branches: Rival banks join forces to protect future of cash
