Source · Select Committees · Scottish Affairs Committee

Recommendation 13

13 Paragraph: 79

Despite the efforts taken by the banking industry and the Post Office, the current cash...

Conclusion
Despite the efforts taken by the banking industry and the Post Office, the current cash infrastructure is fragile, and the Banking Framework Agreement is ultimately short-term and voluntary. A decision by any of the major banks to withdraw from Access to cash in Scotland 29 the agreement would have far-reaching consequences for millions of people and businesses that rely on cash. An issue of such importance should not be left to voluntary agreements.
Paragraph Reference: 79
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 ↗