Allan condemns bank over cash machine restriction

Na h-Eileanan an Iar SNP MSP, Alasdair Allan, has today condemned the plans by the Royal Bank of Scotland and Lloyds TSB to ban people with “basic” bank accounts from using any cash machine belonging to banks other than RBS and Lloyds.

Current account holders who pay fees every month will still be allowed to use any machine.

Alasdair Allan commented: “This is a very unhelpful move, particularly as the holders of these bank accounts are most frequently on low incomes. In particular it hits constituencies like my own hardest, where some customers will now face difficulty accessing their own money.

“There is only one branch of the RBS each in Stornoway, South Uist and Barra and one Lloyds TSB in Stornoway. Where many customers already had to travel to use a cash machine and bank in many case they will be left without any access to this facility at all.

“These banks are making life harder for those customers on low incomes and will force them to spend more to get access to their own money. They are penalising the same taxpayers who bailed them out.

“I will be contacting these banks on behalf of my constituents to let them know the effect this could have on many of their customers, particularly those in rural areas.”