Forum Message

Topic: Cash usage in society
Posted by: Jonathan Callaway
Date/Time: 25/07/21 19:37:00

Martine, I agree this is an important point and I hope it is factored in by the banks.  But as I said earlier they would dearly love to be able to do away with the costs of handling cash - and are pushing these costs on to their cash-using customers wherever they can.

It's not just about people who prefer to use cash, it is also the considerable number who don't have the option because they don't have cards, bank accounts etc. ​

For what it's worth the Bank of England has committed to maintaining access to cash and is working with all the cash processing companies, supermarkets and the like to make sure the costs of the system are fairly shared and not passed on to the consumer every time.


Entire Thread
TopicDate PostedPosted By
The future of money25/07/21 11:44:00 Alda Bruno
   Re:The future of money25/07/21 11:50:00 Barbara Stevens
   Re:The future of money25/07/21 12:07:00 Freddie Francis
      Reply25/07/21 12:28:00 Michael Ixer
         Re:Reply25/07/21 12:37:00 Matt Palmer
            Reply25/07/21 13:00:00 Michael Ixer
               Re:Reply25/07/21 13:15:00 Jonathan Callaway
                  Re:Re:Reply25/07/21 13:35:00 Freddie Francis
                     Reply25/07/21 13:57:00 Michael Ixer
                        Re:Reply25/07/21 16:26:00 Adam Tripp
                           Re:Re:Reply25/07/21 16:40:00 Matt Palmer
                              Re:Re:Re:Reply25/07/21 16:52:00 Alda Bruno
                                 Re:Re:Re:Re:Reply25/07/21 17:00:00 Adam Tripp
                                    Reply25/07/21 17:12:00 Michael Ixer
               Re:Reply25/07/21 19:23:00 Ed Robinson
                  Reply25/07/21 20:12:00 Michael Ixer
   Reply25/07/21 19:00:00 Michael Ixer
      Reply25/07/21 19:19:00 Martine Guy
         Cash usage in society25/07/21 19:37:00 Jonathan Callaway
            Reply25/07/21 20:13:00 Martine Guy
            Reply25/07/21 20:27:00 Michael Ixer
               Re:Reply31/07/21 13:08:00 Alda Bruno
                  Re:Re:Reply31/07/21 20:34:00 Mike Essam

Forum Home