Got to have somewhere to deposit it. So the rules that were announcing also cover the ability of businesses to deposit cash in a location thats convenient to them. But convenience is a difficultjudgment. To maintain the current provision of free access to cash, for now, the new rules will state that people should have to travel no more than a mile in urban areas to withdraw or deposit cash. In rural areas, the distance has been set at three miles. Theres going to be situations where people are very reliant on Public Transport and if theres bad Public Transport in an area, then three miles might seem like a hike to the himalayas. Whats important is that this recognises that the banks have a duty to protect their customers and to make sure that those who still rely on cash, which is so many of us, continue to be able to access it. If they fail in that duty, banks could be fined by the city watchdog. But Bank Branches are closing at a rate of more than 50 a month. So, the answer may be Ba
got to have somewhere to deposit it. so the rules that we re announcing also cover the ability of businesses to deposit cash in a location that s convenient to them. but convenience is a difficultjudgment. to maintain the current provision of free access to cash, for now, the new rules will state that people should have to travel no more than a mile in urban areas to withdraw or deposit cash. in rural areas, the distance has been set at three miles. there s going to be situations where people are very reliant on public transport and if there s bad public transport in an area, then three miles might seem like a hike to the himalayas. what s important is that this recognises that the banks have a duty to protect their customers and to make sure that those who still rely on cash, which is so many of us, continue to be able to access it. if they fail in that duty, banks could be fined by the city watchdog. but bank branches are closing at a rate of more than 50 a month. so, the answer may
be around. the other big solution being investigated and still only a handful of these around the country at the moment, shared premises, so banks sharing premises in so called banking hubs where customers of any banking hubs where customers of any bank can go in and deposit cash and withdraw cash and get some advice on finances too. withdraw cash and get some advice on finances too- finances too. thank you very much, kevin peachey- finances too. thank you very much, kevin peachey. just finances too. thank you very much, kevin peachey. just to finances too. thank you very much, kevin peachey. just to bring - finances too. thank you very much, kevin peachey. just to bring you i kevin peachey. just to bring you some breaking news. this is concerning continued strike action, this time by train drivers. we understand aslef, the union that represents them, they have announced train drivers will be on strike on the 1st of september and also saturday the 2nd of september. this is the l