Banking Hubs
Commons · Question 22885 · Tabled 9 Jan 2025 · Treasury · Official record
Answered 14 Jan 2025
Question
Asked by Gregory Campbell
To ask the Chancellor of the Exchequer, if she will have discussions with financial institutions to establish which additional banks will participate in the roll out of banking hubs.
Answer
Answered by Tulip Siddiq, 14 Jan 2025
Banking hubs are a voluntary service developed by the financial services sector in the context of legislation to protect access to cash under the Financial Services Act 2023. Their rollout is overseen by Cash Access UK, a not-for-profit company set up and...