The Bank undertakes not to remove ATMs or to offer alternatives in municipalities where there is only one ATM.

Nadia Calviño, vice president of economics and the heads of three banking employers (AEB, CECA and UNACC) will meet this Friday at noon to sign the industry’s negotiated plan to bring cash to the neglected municipalities of vacated Spain. For months. In the document accessed by EL PERIÓDICO from the Prensa Ibérica group, organizations are committed to “fulfilling their own duties”. best efforts for to hold access points” (Offices or more generally, cashiers) in municipalities there is only one during them six month (expandable with another six under certain circumstances) plan is expected to be deployed.

The idea stated in the plan, “give time” a new roadmap for financial inclusion for “reveal the effects”. Despite the previous point, entities, plan to close The only existing access point in a municipality will undertake two commitments. On the one hand, let him know customers in advance at least four months, excluding “why impossibility” would be two months in this case. Moreover, will change the service provided by another of those specified in the roadmap so that its customers can continue to access cash.

White-label ATMs

As this paper progresses, organizations have promised to contribute within six months. office, teller, mobile office or financial agent for 243 municipalities neglect more than 500 population (where 0.45% of the population lives, approx. 211,000 people). That’s how they’re going to do, “okay directlyor with their participation tenders or equivalent administrative actions by the relevant Public Administrations” and always “required public-private cooperationwhere appropriate, a physical space fit with security conditions connections to necessary technological infrastructures such as internet login“.

If any municipality remains unclaimed after this period, the sector will jointly form a “generic ATM (read, white label)managed by a specific operator, having the necessary functions for the provision of basic banking services and allowing cash withdrawals throughout its maturity, six additional monthsIn addition, within three months following the installation and commissioning of the ATM, educational measures with customers for ease of use.

Villages and monitoring

Inside 2,987 municipalities of the population less than 500 unattended (where 0.99% of the Spanish population lives, some 446,000 people), the industry has committed to guaranteeing access to cash through any of the above methods. rural postal workers Via Correos or their solutions ‘cash in store’ and ‘cash in store’ (withdrawing cash in stores and businesses). Regarding this latest modality, the industry “different projects”in line with agreement reached with to mail before summer and seven organizations have already signed up.

Employers also independent expert monitoring Measures adopted to adjust and identify the roadmap if necessary possible alternatives better than the intended solutions. Thus, they will publish a annual surveytogether Quarterly reports. Also, in three years to be reviewed Commitments undertaken to “validate the adaptability of the affected audiences to the changes they are experiencing and the availability of financial services, as well as the observed evolution in customers’ preferences to use cash or digital channels”.

Source: Informacion

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