Customers of the online banks Hello bank and Monabanq and the payment institution for professionals Shine will be able to use the 10,000 ATMs of the new Cash Services network free of charge for their check and cash deposits.
Cash Services, here we go! It is under this new brand that three banking groups – Le Crdit Mutuel Alliance Fdrale, BNP Paribas and Socit Générale – began to deploy their common network of automatic teller machines (ATMs). Sixty of them, the list of which can be consulted on the website of Cash Services, are already operational or will be quickly.
Ultimately, in 2026, the network will have 10,000 ATMs throughout France. Each customer of each bank concerned will thus have more sites to withdraw money without risking paying fees. Because, it must be remembered, all network banks charge for so-called displaced withdrawals, that is to say made in ATMs of other brands.
Crdit Mutuel, BNP Paribas, SG, CIC: the first common ATMs enter service
Cash and check deposits at the end of 2024
The deployment of ATM Cash Services is also a good news for two online banks and a payment institution, which have in common that they belong to the three banking groups involved in Cash Services: Hello bank (BNP Paribas), Monabanq (Crdit Mutuel Alliance Fdrale) and Shine (Socit Generale).
The new ATMs deployed, in fact, will not only be used to withdraw banknotes. They will also authorize deposits of notes, checks and even coinsas well as currency withdrawals. Services that customers of the three online banks already benefit from, but only in the ATMs of their parent company. With Cash Services, they will be accessible on more sites, particularly outside major cities.
However, you will have to be patient. For the time being, Cash Express ATMs only authorize banknote withdrawals. Other services will arrive from the end of 2024announces the website of the new network.