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Universal Free Cash Machines Welcomed

January 9, 2007 6:14 PM

The Welsh Liberal Democrat Assembly Member for South Wales West, Peter Black, has today welcomed news from The Post Office announcing plans to install an extra 500 free-to-use cash machines at its branches - on top of the 1,000 it had already committed to roll out within the next five years.

Mr. Black, who has long campaigned to keep local Post Offices open welcomed the news:

"I am particularly pleased to see that the Post Office is working towards withdrawing from cash machine providers who charge large fees to people just to withdraw their cash.

"Recent bad news over the threat to the Post Office network being stripped down is compensated by the news that the network wants to be a provider of a universal free-to-use cash machine network at its branches. This will be good news for communities that have no bank branches and are at present being hit by pay-to-use cash machine charges of at least £1.50 per use."

Speaking on the plans to introduce as many as 10 new free cash machines a week, Mr. Black said, "This will compliment the free cash withdrawals available for some bank customers over the counter. I fully support the Post Office's vision to give every bank's customer access to cash free of charge at their local post office branch."

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