News
Record August Bank Holiday for ATM withdrawals
LINK, the UK’s cash machine network, has reported today that 29 August was the busiest ever August bank holiday Monday in this country for ATM withdrawals.
Over £280 million was withdrawn, which was a 4% increase on last year’s August bank holiday Monday figure, when £269 million was taken out of the UK’s 70,000 cash machines. There was a similar increase in the number of withdrawals, up 9% on last year, from 4.5 million to 4.9 million.
John Howells, Chief Executive of LINK, commented: “The feel-good factors of sunny weather on a bank holiday provided all the right ingredients for an all-time high in August bank holiday Monday ATM withdrawals. Our demand for cash remains as strong as ever, showing that – despite much speculation to the contrary – notes and coins are very much here to stay.”