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To: Openurmind

there is no concern whatsoever for people unnable to travel distances to find a branch:

19 Oct 2022: ABC Australia: Australian banks close hundreds of branches and ATMs as services move online
More than 1,600 bank branches closed nationally in the past six years, new data shows, with 309 branches axed in the last financial year alone.
Between 2017 and 2022, the number of bank branches nationally dropped almost 30 per cent...
This years’ branch closures represent a 7 per cent decline in the number of branch-level banking services across the country in one year...
More than 1,345 ATMs were also shuttered nationally last year, with 402 closed in NSW, 259 in Queensland, and 362 closed in Victoria — a 17 per cent decline in one year...

no concern whatsoever for rural folk wanting cash, or not wanting to transact banking digitally:

26 Oct: Stock Journal Australia: Bank Branch Closures Hit Rural Communities

it’s happening in Australia, UK and no doubt everywhere else.

you will have no physical banks, and you will be happy.


86 posted on 11/24/2022 3:20:07 PM PST by MAGAthon
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To: MAGAthon

Yep, and this is what pisses me off as a rural person.

Aside from the fact that once it is done digital who can you go personally catch and complain to? You won’t, can’t and will be stuck with whatever they want to do to you.

They will ignore your emails, and if you email to many times they will mark you as spam. So it will become one sided business period.

“Their way like it or not” or nothing period. They will own you as a customer and you will not be able to do a damned thing about it.


116 posted on 11/24/2022 4:16:49 PM PST by Openurmind (The ultimate test of a moral society is the kind of world it leaves to its children. ~ D. Bonhoeffer)
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