Cash Services ensures its deployment

The Trust Services Corporation, 2SFcommon to the groups BNP Paribas, Credit Mutuel Federal Alliance (and its subsidiary CIC) and Société Générale just announced the acceleration of the deployment of its offer Cash Services. This year 2025 should therefore be devoted to the progressive implementation of the common offer of services for ATMs in the agencies of partner banks across France, and even more broadly.

FACTS

• The agencies of four Cash Services partner banks are particularly interested in the deployment of Cash Services across France. These include BNP Paribas, Crédit Mutuel, CIC and Société Générale.

• The Société des Services Fiduciaires thus plans to be able to count on nearly 7,000 Cash Services sites throughout France by the end of 2026 (compared to 150 today, twice by the end of the month and in principle 1,000 by June).

• In addition to the agencies, other deployment points are also planned. The Société des Services Fiduciaires has thus presented a new offer called "Offre Collectivités Territoriales" aimed at promoting the extension of the network, via the installation of nearly 3 times more contact points.

• Cash Services services are presented as many:
  • free access to cash withdrawals in euro,
  • possibility of depositing notes and coins,
  • cheque deposit solutions, wide
    range of self-service banking options,
  • transfers of funds,
  • instant access to account balances and transaction history.

ISSUES

• Promoting better coverage of the territory : The deployment of Cash Services outside banking agencies aims, for the Société des Services Fiduciaires, at a goal of democratisation and accessibility to cash, including in the territories of France. According to 2SF, it is the big cities that should mainly undergo a rationalization of the network to the ultimate benefit of the small municipalities now deserted and that could benefit from a local bank contact point in the near future.

• Strengthening its inclusive action The "Offer Territorial Communities" is expected to be launched in the second quarter of 2025. It is already presented as a unique and customizable solution that favours the deployment of ATMs within French territorial authorities, including, and particularly, those without local agencies.

PERSPECTIVE

• The Society of Fiduciary Services presents itself more than ever as an alternative to the desertification of the territory in terms of local banking services. According to Analysis Annual report on the accessibility of species in metropolitan France for the year 2023, presented by the National Committee of Payment Methods (CNMP), DABs actually disappear in France.

• And if the trend continues, it is more focused on streamlining the network and maintaining access to services and cash. And mutualization projects such as those carried under the Cash Services brand are not unrelated to this development.

Traduit automatiquement via Libretranslate / Automatically translated via Libretranslate