Press Release
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28 January 2004 |
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 National
Savings & Investments becomes 51st Member of the LINK
Cash Machine Network
LINK has announced that National Savings
& Investments (NS&I) has joined the UK's national
cash machine network, bringing the total number of Members
to 51. Cardholders of NS&I's new Easy Access Savings Account
will now be able to access cash and balance enquiries through
47,500 LINK cash machines.
In addition to providing access to all LINK-branded cash
machines, LINK's network infrastructure - which connects
LINK to Post Office® systems as part of the Government's
universal banking programme - has enabled customers of the
new NS&I account to use 38,000 Post Office® counters
to make cheque and cash deposits, check their balance and
withdraw their cash, making a total of over 85,000 service
points.
Commenting on this latest development, Scott Housley, Head
of Corporate Relations at LINK, said: "The addition
of NS&I marks a milestone in the evolution of the LINK
network. Thousands of customers will now have nationwide
access to their savings accounts through all ATMs and post
offices connected by LINK.
ATMOS, LINK's outsourcing division, is also supplying a
number of services in support of the NS&I initiative
including its new card management system, transaction processing
/ authorisations and settlement (via LINK).
-ends-
Information for Editors
LINK Interchange Network Ltd is the Company that provides electronic transaction
management services on behalf of the UK's largest financial institutions
and other commercial organisations. The Company manages the LINK ATM network,
the world's busiest shared ATM network with over 47,000 cash machines deployed
and over 95 million LINK-enabled cards in issue. The Company processed and
settled over 2.3 billion shared transactions during 2003. It also manages
transactions for the basic bank accounts that form part of the Post Office's
universal banking services programme and has implemented an ATM prepay topup
service on behalf of mobile phone operators. The Company is pursuing opportunities
to use its proven, secure and reliable network infrastructure to support
a new generation of transaction management services, including overseas developments.
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Press Enquiries:
Scott Housley, LINK Interchange Network Ltd.
Tel. 01423 356239. Email : shousley@link.co.uk
or
LINK Press Office
Tel: George Donovan 01423 356284 or 01423 356224
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