Sandra Osborne MP Calls For Cash Machine Transparency

Sandra Osborne, MP for Ayr, Carrick and Cumnock Constituency, is calling for free and charging cash machines to display clear signs so that consumers can see at a glance whether or not a cash machine charges.  Almost half the UK’s cash machines now charge a fee, typically around £1.50.  Sandra is supporting a new campaign to protect the free cash machine network and ensure that consumers who do not want to pay charges are able to make that choice.

Sandra said:
“I support the principle that consumers should be able to see at a glance whether or not a cash machine will charge them.  Five years ago virtually all cash machines in the UK were free, but today nearly every other machine charges a fee.  According to a report by Nationwide Building Society, consumers have paid more than £175 million this year already in unnecessary charges for accessing their own money, and next year will pay over £250 million.  I am concerned about this rapid growth and will be working to ensure that a free ATM network is protected for my constituents who do not want, or cannot afford, to pay to access their cash.  Any constituent who has found a charging cash machine without the right signs should report it to LINK on 01423 356000 or email linkinfo@link.co.uk, and let me know about it.”