CASH SERVICES unveils initial sites for enhanced banking accessibility

19/01/2024 News

CASH SERVICES, the collaborative proximity banking initiative by BNP Paribas, Crédit Mutuel, CIC, and Société Générale, has commenced the deployment of around sixty sites across France. This deployment is part of a broader plan, with the aim of reaching nearly 7,000 CASH SERVICES sites, both in and outside bank branches, equipped to meet customers' needs by 2026.

Initially, these CASH SERVICES sites will offer customers the convenience of free cash withdrawals, with plans to provide a full range of services by the end of 2024.

CASH SERVICES aims to provide customers from the four banking groups with an increased number of free cash withdrawal points. Additionally, customers will enjoy the benefits of self-service banking, including check deposits, cash deposits, printing their RIB (Relevé d'Identité Bancaire), initiating transfers, and accessing their account balance and history.

By 2026, with the full deployment of CASH SERVICES sites, customers will experience enhanced accessibility to cash and banking services nationwide, offering up to three times more proximity for clients of these four banking groups.

This expansion is complemented by the launch of the website www.cash-services.fr, providing clients with essential information, including the geographical locations of each CASH SERVICES site.

The oversight and development of CASH SERVICES are managed by the company 2SF. As a collaborative effort among BNP Paribas, Crédit Mutuel Alliance Fédérale, and Société Générale, 2SF will also extend a commercial offering to municipalities interested in establishing a cash services point, even in the absence of a local branch from these affiliated banking groups.

Related news & insights

Digital Reinvention
22/04/2024 Interview

Driving innovation in e-commerce payments: a conversation with mBank's award-winning leaders

Polish bank mBank won bronze in the Operational Efficiency category at the Qorus Reinvention Awards – Europe 2024 for ‘Conversion-Boosting...

Digital Reinvention
19/04/2024 Video

How NF Innova's FINTENSE enables banks digital leadership

Milan Pištalo, Sales & Operations Director at NF Innova, presents FINTENSE, a solution that transforms banks into digital leaders and...

Digital Reinvention
16/04/2024 Video

OTP Banka Srbija's digital transformation with NF Innova

Vuk Kosovak, Head of Retail and Executive Board Member at OTP Banka Srbija, explains how the bank has transformed into...

Digital Reinvention
14/04/2024 News

NAB app streamlines online shopping with PayPal integration

This pioneering feature, a first in Australia, enables NAB users to effortlessly add and manage their preferred payment cards directly...

Digital Reinvention
13/04/2024 News

UK property market leaders collaborate to revolutionize home buying

Lloyds Banking Group, Nationwide, NatWest, and Rightmove have united in a strategic investment in Coadjute, a London-based property technology firm....

Digital Reinvention
11/04/2024 Interview

Banca Widiba takes gold: Transforming financial advisory teams with innovative approach

Banca Widiba snagged the New Ways of Working gold award for ‘The Financial Advisors Team’ at the Qorus Reinvention Awards...

Digital Reinvention
11/04/2024 News

Santander brings Openbank, Europe's leading digital bank, to the US

Scheduled for launch in late 2024, Openbank's success in Europe, serving over two million customers with its user-friendly platform, foreshadows...

Digital Reinvention
10/04/2024 Article

7 lessons learnt from the Indian market

What do young fintech startups need to know to avoid unpleasant surprises after entering this promising market? Having launched an...