18 Sept, UK's FCA enforces new Access to Cash policy, requiring 14 major banks to ensure adequate cash access for customers.

Starting September 18, the UK's Financial Conduct Authority (FCA) will enforce a new Access to Cash policy requiring 14 major banks, including Lloyds, NatWest, and Barclays, to ensure adequate cash access for customers, especially when closing branches. Banks must identify local cash service gaps and act promptly to address them. The aim is to protect cash access for individuals and businesses, with clear communication about services being mandatory.

September 04, 2024
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