98QqkU0d
type: Answer
type: WrittenAnswer
answer has question: 1Cc1RSUS
answer has answering person: 26NskGIS
answer text: The Government recognises that widespread free access to cash remains extremely important to the day-to-day lives of many consumers and businesses in the UK. The Government has launched the Joint Authorities Cash Strategy Group – bringing together the Payment Systems Regulator, Financial Conduct Authority, and Bank of England – to ensure comprehensive oversight of the overall cash infrastructure. Industry has a key role to play. LINK, the scheme that runs the UK’s largest ATM network, has committed to protect remote free-to-use ATMs one kilometre or further from the next nearest free-to-use ATM or Post Office counter. LINK has also provided funding to allow local communities to request new free-to-use ATMs. The Payment Systems Regulator has used its powers to hold LINK to account over its commitments to preserve the broad geographic spread of ATMs.
answer given date: 2020-02-13+00:00
answer has answering body: HYfypSOE
written answer has answering body: HYfypSOE