Around 1,000 cashpoint machines have disappeared from small villages and 1,000 bank branches closed over the past five years, the Volkskrant reports on Monday.
This means an increasing number of villagers have to travel to neighbouring villages or towns to take out cash. In particular, organisations representing the elderly say people should be able to find a cash machine within a five-kilometre radius of their home, the Volkskrant reported.
The figures, from the central bank and research group RBR, show the Netherlands has 450 cashpoint machines per million people, almost half the western European average of 780.
The number of bank branches has also gone down 30% and will reduce even further when Rabobank shuts almost 50% of its remaining branches.
A spokesman for ING said people are increasingly using internet to deal with their financial affairs, and need less cash money to spend. And a spokesman for money transport group Brinks told the paper cashpoint machines are seen by banks as too expensive to operate.
Thank you for donating to DutchNews.nl
The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.
DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.