Principality Building Society has further expanded its access to cash initiative in locations where high street banks no longer have a presence in Wales.
In a partnership with shared banking innovator OneBanX, it is providing a new access to cash offer at its Maesteg branch. The cash service kiosk is the mutual’s fourth with OneBanX alongside those Cowbridge, Caerphilly and Buckley.
The service enables individuals and business customers of most major banks and building societies to deposit and withdraw cash without needing to use a card. There is no charge for the service and funds are immediately available to the customer. The service is also available in the Welsh language.
Customers will be able to access the kiosk during branch opening times six days a week, supported by Principality branch colleagues.
While cash usage has declined in recent years it is still use for around 12% of all payments in the 海角视频.
Kelly Young, head of savings customer services at Principality Building Society, said:
“I’m so pleased to announce Principality’s fourth installation of a OneBanx kiosk, this time in our Maesteg branch.
“Our members tell us that access to cash and essential services makes a real difference - it keeps the high street vibrant and gives our members, colleagues, and communities confidence.
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"In an area that has felt the impact of bank closures, we believe this service, along with our continued commitment to the high street, will help residents and businesses manage their finances and strengthen both the community and the local economy.”
Javed Anjum, chief executive of OneBanx, said: “We are delighted to continue expanding our strategic partnership with Principality Building Society, in support of their commitment to their Members and customers of other banks who are no longer able to attend a local branch.
“At OneBanx, we believe technology should open doors rather than close them. Our platform not only ensures continued access to cash, but also helps customers and businesses become more confident in managing their money in a digital age.
"By combining innovation with trusted face-to-face services, we’re enabling communities to embrace new ways of banking while keeping the high street vibrant and inclusive for everyone.”