Record August bank holiday for ATM withdrawals

Source: Link

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Over £280 million was withdrawn, which was a 4% increase on last year’s August bank holiday Monday figure, when £269 million was taken out of the UK’s 70,000 cash machines.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 factor 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.”

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