Australia's big 4 banks remove thousands of ATMs and shut down hundreds of branches!!
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Published 4 years ago
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The coronavirus crisis has sparked the closure of a record number of ATMs and hundreds of bank branches as Australia moves closer towards a cashless society.
The number of ATMs across the nation are at their lowest level in 12 years at 25,720, after at least 2150 terminals removed in the recent June quarter, according to the Australian Payments Network.
Australia's big four banks – ANZ, Commonwealth, NAB and Westpac – also shut up a combined 175 branches in the last 12 months.
Of the 175 branch closures, ANZ had the highest number with 68, followed by the Commonwealth with 44, Westpac had 36 while NAB shut 27.
Westpac removed the most ATMs at 84, followed by ANZ at 73 and NAB at 21 while Commonwealth Bank didn't disclose its number of closed terminals.
Here is the link:
Australia's big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society
https://www.dailymail.co.uk/news/article-8633457/Australias-big-four-banks-remove-thousands-ATMs-close-branches-coronavirus.html?fbclid=IwAR31DmJ_Fn1FgavYae3v27z8aLov-mQqYe2i_6-UaiT3p0WyDhvi9bjJFUA
The number of ATMs across the nation are at their lowest level in 12 years at 25,720, after at least 2150 terminals removed in the recent June quarter, according to the Australian Payments Network.
Australia's big four banks – ANZ, Commonwealth, NAB and Westpac – also shut up a combined 175 branches in the last 12 months.
Of the 175 branch closures, ANZ had the highest number with 68, followed by the Commonwealth with 44, Westpac had 36 while NAB shut 27.
Westpac removed the most ATMs at 84, followed by ANZ at 73 and NAB at 21 while Commonwealth Bank didn't disclose its number of closed terminals.
Here is the link:
Australia's big four banks remove thousands of ATMs and shut down hundreds of branches as the coronavirus crisis pushes nation closer to a cashless society
https://www.dailymail.co.uk/news/article-8633457/Australias-big-four-banks-remove-thousands-ATMs-close-branches-coronavirus.html?fbclid=IwAR31DmJ_Fn1FgavYae3v27z8aLov-mQqYe2i_6-UaiT3p0WyDhvi9bjJFUA
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