Source · Select Committees · Scottish Affairs Committee

Recommendation 11

11

Attempts to introduce deposit-taking ATMs for both consumers and SMEs have been constrained by a...

Recommendation
Attempts to introduce deposit-taking ATMs for both consumers and SMEs have been constrained by a considerable lack of progress from both the banking industry and the UK Government. Considering the strength of the evidence to support their introduction, we repeat our predecessor Committee’s recommendation that the UK Government set up a working group with industry to introduce network-wide deposit- taking ATMs. The rapid rate of bank branch closures and the growing rate of fee- charging ATMs brings into sharp relief the necessity for deposit-taking ATMs to be introduced in areas of greatest need. (Paragraph 67) Post Office
Government Response

A response document is linked to this report, dated 19 October 2022. Response attribution to this conclusion has not been verified. Read the response document ↗