Hundreds of Municipalities in Austria Have No Cash Supply
6 Articles
6 Articles
Compared to other European countries, domestic cash supply is good. Nevertheless, many municipalities do not have an ATM.
Every Seventh Community without ATMs: "If You Want Freedom of Choice, You Have to Pay More in cash."
According to a recent study, 15 percent of the local communities have no ATMs, 36 percent have no bank branches.
Cash is still in demand in Austria as a means of payment and in many places alternatively. But the supply is by no means complete, 15 percent of the municipalities have no bank card. However, this should change again, it goes to the municipal federation and the Oesterreichische Nationalbank (OeNB).
The cash supply in Austria is not complete. 15 percent of the municipalities have no bank card, which is a challenge for the cash supply.
VIENNA. 15 percent of municipalities have no bank card, 36 percent have no bank
The cash supply in Austria's municipalities is still not complete. 15 per cent have no bank card, more than one third (36 per cent) has no bank branch, according to a survey conducted by the trend research institute Pittners Trendexpert on behalf of Geldservice Austria (GSA). The municipal federation and the Oesterreichische Nationalbank (OeNB) have been working since 2024 to improve the situation with the establishment of new bank cards in remo…
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