Tag: ATM

Technology offers solution to boosting pensions

Technology offers solution to boosting pensions

The Future Foundation think tank suggests that everyday technology such as a TV remote control or an ATM could be used by savers to top up their pension pots. In its ‘Pensions – The Solutions’ report, produced for insurance provider Friends Life, the Future Foundation says that technology could make it much easier for people [...]

February 23, 2012 | 0 Comments More
Lloyds backs down on ATM restrictions

Lloyds backs down on ATM restrictions

Following pressure from the Treasury Select Committee, people who hold basic bank accounts at Lloyds TSB will have access to thousands more cash machines from next year. Basic bank account holders are people who are not eligible to open a standard bank account because they have a poor credit score. In 2006 Lloyds TSB decided [...]

RBS stops some customers from using rival ATMs

RBS stops some customers from using rival ATMs

The Royal Bank of Scotland (RBS) has barred some of its customers from using rival cash machines because the bank incurs a charge each time. The decision will affect almost a million people with basic bank accounts who do not have access to an overdraft or a cheque book. With immediate effect, they will only [...]

Elgar £20 note withdrawn from circulation today

Elgar £20 note withdrawn from circulation today

The £20 banknote featuring the image of composer Sir Edward Elgar will be withdrawn from circulation today. The alternative £20 note features the picture of father of modern economics, Adam Smith, which has been in circulation since March 2007. However, anyone with an Edward Elgar note after today can swap it by sending it back [...]