Belgian Banks Cut 10% of Cash Withdrawal Points: Find the Best ATMs in Your Area

2023-08-16 15:45:00

Last year, Belgian banks again cut more than 10% of cash withdrawal points, L’Echo and De Tijd report on Friday. More than 350 ATMs disappeared in one year. By Sudinfo with Belga Published on 04/08/2023 at 07:14

In March, the federal government concluded an agreement with the financial sector, intended to maintain the number of these distributors. Both parties have agreed that there should be at least one distributor in each municipality by 2025.

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The Cash Points, that is to say the automatic distributors set up by four major banks (united in the Batopin group), are supposed to allow the achievement of this objective. But, compared to last summer, fewer than 200 of these generic withdrawal points have been installed while, at the same time, banks are removing their own ATMs at a faster rate.

Taken all together, these ATMs are therefore still less numerous (- 376 withdrawal points in one year). At the end of July this year, there were only 3,049 places with at least one pick-up point, while there were still more than 3,400 last summer, a drop of no less than 10%. It is above all the four big banks which continue to reduce the number of their ATMs. Belfius, KBC, BNP Paribas Fortis and ING have wiped off the map more than 500 places served by an ATM in their name. This represents a spectacular drop of just under 30% in one year.

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