Monday 03 August 2020

Big Dutch banks join forces to develop yellow ATM network

Photo: Geldmaat

The three big Dutch banks are introducing a new, uniform ATM system which will replace current ING, ABN Amro and Rabobank cash machines nationwide.

‘People are using less cash but there is still demand for it,’ said Geert Eikelboom, of Geldservice Nederland, which manages ATMs for the banks, and also part of the new system. ‘The banks are joining forces to make sure cash remains available in the future.’

Some ATMs will disappear in places where several from competing banks are close together, but the banks also plan to place the new machines in other localities where there are no cash withdrawal options.

The new ATMs will start appearing early in 2019.

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