More than half of French municipalities do not have an ATM or a cash access point, specifies the Banque de France.
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This is the biggest drop recorded in recent years. The number of ATMs continues to decline in France. Their number fell from 46,249 at the end of 2022 to 44,123 at the end of last year, a drop of 4.6% in one year, according to a press release published on Wednesday, July 24 by the Banque de France.
Updating the figures “confirms that accessibility to tickets in mainland France remains at a very good level”however, defended in a press release the central bank, guarantor of the accessibility of cash and associated for the occasion with the Ministry of Economy. The decrease in the total number of cash access points (71,541 at the end of last year, or -2.3% over one year) is somewhat limited by the growth of complementary cash distribution services at merchants, which are added to ATMs.
More than half of French municipalities do not have an ATM or a cash access point. The decline in the number of ATMs is expected to further increase with the deployment of Cash Services, the program to pool their ATMs by Société Générale, BNP Paribas and Crédit Mutuel Alliance Fédérale. The first ATM, dressed in black and bearing the Cash Services logo, has been on trial since November 22 at the exhibition center in Mulhouse, in Haut-Rhin. When this pooling project is complete, scheduled for 2026, the Cash Services network will have 7,000 sites (5,000 branches and 2,000 non-branches), or 30% fewer than the current number of sites, around 10,000.