Major banks have been steadily closing branches across Australia citing the popularity of online digital services.
The federal government hopes to receive the necessary feedback to implement a smooth and orderly transition to alternative forms of payment.
The bank’s net operating income soared 12.9 percent to $20.7 billion .
“Between January and November 2024, we’ll be phasing out our cash and cheque services across all our banking and wealth management products,” the bank said.
Major banks have been steadily closing branches across Australia citing the popularity of online digital services.
The federal government hopes to receive the necessary feedback to implement a smooth and orderly transition to alternative forms of payment.
The bank’s net operating income soared 12.9 percent to $20.7 billion .
“Between January and November 2024, we’ll be phasing out our cash and cheque services across all our banking and wealth management products,” the bank said.