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Last Friday before Christmas was busiest day of 2023 for ATM withdrawals – Link

December 27, 2023
in Business
Reading Time: 2 mins read
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The final Friday earlier than Christmas Day was “by far” the busiest day of this yr to this point for money machine withdrawals, in keeping with Hyperlink.

The UK money entry and ATM community mentioned Friday December 22 was not solely the busiest day in 2023, however the greatest complete it had seen for withdrawals because the begin of the Covid-19 pandemic.

Round £460 million was withdrawn on Friday December 22, on what was the final working day earlier than Christmas for some folks, forward of a four-day break consisting of two weekend days and two financial institution holidays.

The common worth of a withdrawal on that day was just below £105.

With many travelling over the Christmas weekend, folks visited ATMs to replenish and to undoubtedly use it to provide as presents

Graham Mott, Hyperlink

Different notable days for top money withdrawal totals in 2023 had been April 28, when £398 million was withdrawn and Could 26, when £370 million was withdrawn.

Graham Mott, director of technique at Hyperlink mentioned: “Friday noticed by the far essentially the most money withdrawn from money machines this yr, actually essentially the most because the begin of the Covid-19 pandemic.

“With many travelling over the Christmas weekend, folks visited ATMs to replenish and to undoubtedly use it to provide as presents.”

Friday December 22 2023 was the very best complete recorded by Hyperlink since February 28 2020, when a complete of £471 million was withdrawn.

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