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Average ATM withdrawal values jumped to record levels over weekend, says Link

The Independent·Vicky Shaw·about 9 hours ago
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Link has reported seeing a jump in the average value of ATM withdrawals in what it suggested are signs of some people following Government advice to stay prepared in an emergency.

The ATM and cash access network said that on Friday last week, the average value of a withdrawal was just over £100 – which it said is the highest for any Friday since July.

On Saturday, around £95 was withdrawn on average – up from around £90 the previous Saturday and the highest average amount for any Saturday ever recorded by Link.

The weather conditions over the weekend will have affected ATM withdrawals, Link said (Yui Mok/PA) (PA Wire)

On Sunday, an average of just over £90 was withdrawn – the first time that Link has recorded an average withdrawal of more than £90 on any Sunday.

On Saturday, a total of £204 million was withdrawn from Link ATMs, which was 11% less than the equivalent day last year, which Link said reflected the impacts of the stormy weather.

Link’s comparable records go back to 2014.

The Government has…

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