Major Australian Bank Starts Cutting Cash Services At Branches

Australians one of the most card-reliant economies in the world

People are seen walking past an ANZ Home loan branch in Melbourne, Australia, on May 3, 2022. Asanka Ratnayake/Getty Images

One major Australian bank has begun phasing out cash transactions at a number of its branches saying it is keeping up with the changing behaviour of customers.

Australia and New Zealand Banking Group (ANZ)—one of Australia’s “Big Four”—revealed it would begin removing cash withdrawals and deposit services on March 30.