Free-to-use ATMs for Post Office

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Free-to-use ATMs for Post Office

The Royal Bank of Scotland (RBS) and NatWest have joined forces with the Post Office to offer customers free-to-use cash machines.

In a scheme designed to benefit people who would struggle paying an ATM charge, such as the elderly, disabled and people with limited financial means, a total of 100 sub Post Offices have been allocated for the free cash points.

RBS and NatWest have still to find sites for a remaining 173 free-to-use cash machines after pledging to install 300 around the UK and reaching an agreement regarding site for a further 27, alongside the 100 Post Office ATMs.

The chief executive of retail markets at RBS, Gordon Pell, explained: "Having a free-to-use cash machine close by can make a real difference to the elderly, disabled and those living on a very low income.

"We've had a great response to our website asking people where we should put a machine, but we're now calling for more community organisations, or their representatives, and retailers in deprived areas to come forward and offer their premises for a machine."

Currently, over 40 per cent of UK cash machines charge the user a fee to withdraw money. The move is also expected to benefit ailing local Post Offices who have lost income due to some services moving online.

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Related News : NatWest

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