Coles Lifts Cash Withdrawal Limits as Armaguard Services Resume

This comes amid concerns that Armaguard could go into administration and stop cash deliveries across Australia.
Coles Lifts Cash Withdrawal Limits as Armaguard Services Resume
Shoppers check out at a Coles supermarket in Sydney, Australia, on March 16, 2018. William West/AFP via Getty Images
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Shoppers will continue to be able to withdraw cash at Coles this Easter after the supermarket giant resumes cash delivery services with the transport company Armaguard.

This comes after Coles temporarily paused all currency orders with Armaguard until April 5, while reducing withdrawal limits for customers from $400 (US$261) to $200, due to concerns that the cash transit company could go into administration and cause cash shortages.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].