Access to Cash Consultation

This consultation is the next step in legislating to protect access to cash and ensuring that the UK’s cash infrastructure is sustainable for the long term. Despite the decline in cash use over recent years, cash remains an important payment method for millions across the UK, which is why the Chancellor committed and March Budget 2020 to legislate to protect access to cash.

In line with this commitment, the Treasury undertook a Call for Evidence in 2020, which sought views on the key considerations associated with cash access. The Government also legislated in the Financial Services Act 2021 to facilitate the wide-spread adoption of cashback without a purchase. This consultation sets out proposals for further legislation. It seeks views on: establishing geographic requirements for the provision of cash withdrawal and deposit facilities, the designation of firms for meeting these requirements, and establishing further regulatory oversight of cash service provision.

A consultation-stage Impact Assessment is published alongside the consultation.

This consultation will run from 1 July 2021 until Thursday 23 September 2021.

Please submit responses to: accesstocashconsultation@hmtreasury.gov.uk