Which? responds as FCA sets out new rules to maintain access to cash

Jenny Ross, Which? Money Editor, said: 

"Thousands of bank branches and free cash machines around the UK have closed in recent years - often with little thought given to the impact on local communities. This has left millions of people who rely on cash at risk of being cut adrift.

"Which? led the campaign to maintain free access to cash for consumers who need it, so it's good to see the FCA setting out how it proposes to carry out its new responsibilities. Over three million consumers still rely on cash so the regulator must work closely with banks and hold them accountable for ensuring communities are not left without access to cash withdrawal and deposit facilities."

ENDS