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28/07/2006
RBS to provide 'free' ATMs for poor
Royal Bank of Scotland is to provide an initial 300 free-to-use cash machines in some of the Britain's poorest areas.
The bank is currently seeking the advice and support from MPs, credit unions and community leaders, to ensure that the most appropriate locations in the UK benefit.
Cash machine usage has shot-up over the last three years with a 28% increase in withdrawals and a 37% increase in balance enquiries.
As part of the new initiative, RBS has already installed three free-to-use machines, two in Scotland and one in England. A machine has already been located in the London Borough of Harrow's council offices, alongside social housing payments. The other two machines have been installed in Scotland after working closely with MP John Robertson, to identify suitable sites in his constituency. The first machine has been installed in Partick, Glasgow, in the local Woolworth's store, while a second machine has been installed in the Yoker Credit Union.
RBS is also inviting anyone who believes that their area qualifies for a free-to-use cash machine, to visit the dedicated web link at www.rbs.com/freecashmachines and register their request.
This will ensure that RBS will not only receive the views and opinions of the heads of local communities, but also the individuals who actually live in these communities.
The new free-to-use cash machines will be branded as either RBS or its NatWest subsidiary.
Citizens Advice recently criticised the spread of fee-charging cash machines, saying that charging cash machines were not affordable for the poor. These ATMs typically charge around £1.75 for a cash withdrawal, and banks have defended the charges as necessary due to maintenance expenses.
(SP/KMcA)
The bank is currently seeking the advice and support from MPs, credit unions and community leaders, to ensure that the most appropriate locations in the UK benefit.
Cash machine usage has shot-up over the last three years with a 28% increase in withdrawals and a 37% increase in balance enquiries.
As part of the new initiative, RBS has already installed three free-to-use machines, two in Scotland and one in England. A machine has already been located in the London Borough of Harrow's council offices, alongside social housing payments. The other two machines have been installed in Scotland after working closely with MP John Robertson, to identify suitable sites in his constituency. The first machine has been installed in Partick, Glasgow, in the local Woolworth's store, while a second machine has been installed in the Yoker Credit Union.
RBS is also inviting anyone who believes that their area qualifies for a free-to-use cash machine, to visit the dedicated web link at www.rbs.com/freecashmachines and register their request.
This will ensure that RBS will not only receive the views and opinions of the heads of local communities, but also the individuals who actually live in these communities.
The new free-to-use cash machines will be branded as either RBS or its NatWest subsidiary.
Citizens Advice recently criticised the spread of fee-charging cash machines, saying that charging cash machines were not affordable for the poor. These ATMs typically charge around £1.75 for a cash withdrawal, and banks have defended the charges as necessary due to maintenance expenses.
(SP/KMcA)
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21 September 2004
Fee charging ATM's cost consumers £60m a year
More than one third of high street cash machines charge users and fee charging ATM's now cost consumers more than £60 million each year, according to a report published today.
Fee charging ATM's cost consumers £60m a year
More than one third of high street cash machines charge users and fee charging ATM's now cost consumers more than £60 million each year, according to a report published today.
15 June 2004
Britons lead Europe in cash machine usage
Britons are using cash machines at faster rate than anywhere else in Europe, withdrawing over £144 billion pounds from ATM's in 2003, according to data published today. According to a new Association of Payment Clearing Services (APACS) survey, cash machines were relied upon to supply more than half (53%) of all cash to individuals, with 2.
Britons lead Europe in cash machine usage
Britons are using cash machines at faster rate than anywhere else in Europe, withdrawing over £144 billion pounds from ATM's in 2003, according to data published today. According to a new Association of Payment Clearing Services (APACS) survey, cash machines were relied upon to supply more than half (53%) of all cash to individuals, with 2.
13 December 2006
Free cash machines for low-income areas
More than 600 new non-charging cash machines are to be provided in Britain's poorer areas, the government has announced. The move comes following a deal agreed between the Parliamentary ATM Working Group - chaired by John McFall MP and Chairman of the Treasury Select Committee - which includes leading banks, cash machine operators and HM Treasury.
Free cash machines for low-income areas
More than 600 new non-charging cash machines are to be provided in Britain's poorer areas, the government has announced. The move comes following a deal agreed between the Parliamentary ATM Working Group - chaired by John McFall MP and Chairman of the Treasury Select Committee - which includes leading banks, cash machine operators and HM Treasury.
10 November 2004
Warning issued following huge rise in ATM fraud
Cash machine users have been warned to play safe when making cash withdrawals, after figures published today revealed that fraudulent ATM withdrawals topped £61 million last year – a rise of 85%. Total card fraud rose by 18% to £478.8 million in the 12 months to June 2004. The £28.
Warning issued following huge rise in ATM fraud
Cash machine users have been warned to play safe when making cash withdrawals, after figures published today revealed that fraudulent ATM withdrawals topped £61 million last year – a rise of 85%. Total card fraud rose by 18% to £478.8 million in the 12 months to June 2004. The £28.
03 April 2014
RBS To Close 44 Branches
The Royal Bank of Scotland (RBS) has said it is to close a total of 44 branches across the UK. It is understood the move is due to a 30% fall in branch transactions over the last four years. Of the branches that are being closed, RBS has classed 14 of them as the "last banks in town".
RBS To Close 44 Branches
The Royal Bank of Scotland (RBS) has said it is to close a total of 44 branches across the UK. It is understood the move is due to a 30% fall in branch transactions over the last four years. Of the branches that are being closed, RBS has classed 14 of them as the "last banks in town".
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