National Irish Bank Moves to Cashless Banking

National Irish Bank Moves to Cashless Banking

Cryptogon
Tuesday, December 29, 2009

What if you want more cash than whatever pissant amount they allow you to remove from the ATM each day? Oh, I almost forgot, only criminals need that much cash.

Via: Irish Times:

IT MIGHT sound like a contradiction in terms, but for the first time one of the main Irish consumer banks is moving to cashless banking in all its branches.

National Irish Bank has written to thousands of its customers this month informing them of a “new style of banking” in which branches will not handle over-the-counter cash transactions.





The letter says branches will no longer handle cash withdrawals and lodgements, night safe lodgements and foreign currency cash. Branches will continue to lodge cheques, drafts and postal orders and issue drafts.

Customers are advised to obtain cash from “ATMs nationwide” or to seek “cash-back” on their debit cards.

A spokesman confirmed that cashless banking was being introduced across the entire NIB branch network over the next 18 months, and had already been introduced successfully in a number of branches.