Published on 29 July 2010

Metro Bank, Britain’s first new high street bank in over 150 years, has joined the LINK ATM network, giving its customers access to the entire UK cash machine network.  

In addition, around 100 million UK-issued LINK-enabled cards, essentially all debit and ATM cards issued by significant UK banks and building societies, can be used in the Metro Bank cash machines installed in their new branches, the first of which opens in Holborn, London, today.

Edwin Schooling Latter, Managing Director, LINK Scheme comments: “I am delighted to welcome Metro Bank into LINK which opens up over 63,000 UK cash machines to their cardholders.  No other scheme can match this breadth of access or convenience in the UK.”

Craig Donaldson, Chief Executive Officer at Metro Bank, said: “We are delighted to join the LINK ATM Scheme. Metro Bank will stand out from other High Street banks by providing unparalleled service, convenience, and value for money – and being a part of the LINK scheme will help to ensure our customers can access their money all over the country.”

 

-ENDS-

 

Notes to Editors

Media Enquiries

For more information please contact Mark Bowerman at the LINK Press Office.

 

Email:             press@ukpayments.org.uk  

Tel:                  +44 (0) 20 3217 8251

                         +44 (0) 20 3217 8316

Mobile:            +44 (0) 7799 627 256

 

About LINK

LINK is the UK's cash machine network.  Virtually every cash machine in the UK (free-to-use and pay-to-use) is connected to LINK, and LINK provides the only route through which card issuers can offer their customers reliable nationwide access to cash. All the UK's significant debit and ATM card issuers are LINK members.

Cash machine operators who want to deploy ATMs in the UK must join LINK in order to be able to offer cash to all 100 million LINK-enabled cards in circulation.

The number of free-to-use ATMs in the UK is at an all-time high of 40,000.

97% of all ATM cash withdrawals by UK cardholders in the UK are made free-of-charge.

 

About Metro Bank

Metro Bank was co-founded by Vernon Hill and Anthony Thomson. It is based on the successful Commerce Bank model that was established by Vernon Hill in the US in 1973. A UK management team worked with Vernon Hill to help bring this model to the UK market.

 

Metro Bank operates retail hours, not banking hours. It will be open seven days a week (8am- 8pm Monday to Friday, 8am - 6pm Saturday, 11am - 4pm Sunday and bank holidays), every day of the year apart from Good Friday, Easter Sunday, Christmas Day and New Year’s Day.

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