Cash Deposit Facilities in the UK are NOT Convenient for Businesses. - Image 1

Cash Deposit Facilities in the UK are NOT Convenient for Businesses.

Posted on: 25/03/2024

A good article.

The main difficulty businesses say they have with cash is not being able to deposit it easily.

The Big Five “High Street” banks have simply closed their branches without making excellent alternative provision for cash deposits.

It was known more than five years ago that this was becoming a significant problem, yet for all the noise around the “Cash Access Pilots”, zero substantive has been done.

The Payment Choice Alliance will be pushing both HM Treasury and the Financial Conduct Authority  very hard to sort cash deposits out.

NOW. IN 2024.

We will NOT take NO for an answer!

Source: specialityfoodmagazine.com/business/will-shops-stop-taking-cash-in-the-uk




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