The Government and the Financial Conduct Authority (FCA) are committed to ensuring the reasonable provision of cash deposit and withdrawal services for personal and business current accounts across the UK. The Government has recently announced which banks and building societies have been designated to ensure reasonable provision of cash access services in the UK. These designated firms will be required to comply with relevant rules made by the FCA under the Financial Services and Markets Act 2000 (FSMA) and follow its directions.
Published date: 21 June 2024
