Clueless American here. I saw a commercial for Nationwide bank promising the keep their branches open until at least 2028. Is there a push to close banks? Is this more fallout from Brexit?

        • EinfachUnersetzlich@lemm.eeEnglish
          2·
          2 年前

          Shopkeepers trying to pay in their takings

          I’m not in the industry so I have no idea - is this common rather than having cash collected by G4S & co.?

          older people that can’t use web services

          I’m guessing they mostly use the phone instead, but probably have no great need to do either.

          People that want to talk about their requirements rather than filling out a poorly thought out script on the aforementioned web page

          Can also be done on the phone.

          I’m not arguing that all banks should close their branches but with the way society works these days I can see how they’re incredibly expensive and inefficient to run.

          • Jaccident@lemm.eeEnglish
            4·
            2 年前

            is this common

            Yes, it’s actually really common due to takings being relatively small in cash these days.

            Even when cash was much more prevalent, stores (even really big ones) would deposit in person. In 2005 my friend was required to walk to the bank at 8am the morning after the Xbox360 came out to deposit the entire takings of the midnight sale, in person. He worked for one of the biggest retailers in the UK at the time. IIRC he had over £35k in his backpack (even then many big purchases were being made using Chip and Pin).

        • Vincent@feddit.nlEnglish
          2·
          2 年前

          I can’t speak for the UK, and I’m not even sure about the situation in the Netherlands, but two things I’ve observed here:

          1. More and more businesses are cashless, and those who aren’t at least handle less cash.
          2. There are machines that I kinda want to call reverse ATMs, which allow you to deposit money.

          So I suppose for the remaining uses, they’ll “just” have to travel longer distances?

          • Che Banana@beehaw.orgEnglish
            2·
            2 年前

            In Spain there is still a lively cash economy, the pandemic took a lot of that business away and I’m sure as the years march on it will become less so as governments squeeze anonymity out of transactions to collect more of that sweet, sweet tax money.