New Central Bank map shows ATM locations nationwide
by Aengus Cox, https://www.facebook.com/rtenews/ · RTE.ieThe Central Bank has launched a new map showing the location of every ATM and cash-service point in the country.
From today, members of the public can now also notify the regulator via an online form if they believe there is insufficient access to cash in their community.
The measures are part of efforts to safeguard access to cash following the introduction of relevant legislation last year.
The Central Bank said it will "carefully assess each notification, consider the specific circumstances of the local community and assess the proportionality of remediation".
If it determines that further cash infrastructure should be provided, it will notify the "designated entities" responsible for addressing this - currently AIB, Bank of Ireland and PTSB.
According to the regulator, the latest data from March shows that the overall level of cash infrastructure is "broadly in line with the criteria set by the Minister for Finance".
There are just over 4,000 ATMs in Ireland and around 1,200 cash-service points.
However, the Central Bank said there may be "specific challenges in accessing cash at a more local level".
Local deficiency guidelines - with information explaining what constitutes reasonable and effective access to cash - can also be accessed on the regulator's website.
Central Bank Deputy Governor Vasileios Madouros said the latest publications represent "an important milestone in our role in implementing the access to cash legislation".
"While our data shows the overall cash infrastructure is broadly in line with the criteria set out by the Minister for Finance, we recognise that localised issues may arise," he said.
"This new framework caters for the possibility of such local deficiencies, and its implementation is a further step towards safeguarding sufficient and effective access to cash across Ireland," he added.