Ask Sam: A cash cry for help – my local bank branch is closing and I rely on it

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Ask Sam: A cash cry for help – my local bank branch is closing and I rely on it
Danmark Seneste Nyt,Danmark Overskrifter
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A cash cry for help – my local bank branch is closing and I rely on it

has long campaigned to protect access to cash for those that rely on it and earlier this year, the government announced legislation in the Queen’s Speech.

The Financial Services and Markets Bill is currently making its way through the Houses of Parliament and would hand the oversight of the cash network to the Financial Conduct Authority, meaning branches can’t close in communities if there were no alternative methods to withdraw or deposit cash.thinks this important piece of legislation could be a game changer for the millions of people across the country who rely on cash every day.

Unless this is changed, we think that will undermine the purpose of the legislation – what’s the point of protecting access to cash if many people won’t be able to afford to access it?will be lobbying to ensure it does.. To have your question featured on this page, email [email protected]

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