On 28 May 2024, HM Treasury (HMT) confirmed which firms have been designated under Part 8B of the Financial Services and Markets Act 2000 for the provision of cash access services.  

The firms that have been designated as relevant current account providers are Barclays Bank UK plc, the NatWest Group, Lloyds Banking Group, Santander UK plc, HSBC UK Bank plc, Nationwide Building Society, TSB Bank plc, Clydesdale Bank plc, The Co-operative Bank plc, Northern Bank Limited, Bank of Ireland (UK) plc, and AIB Group (UK) plc.

In addition, Link Scheme Limited and Link Scheme Holdings have been designated as an operator of cash access coordination arrangements.

For more information on HMT’s cash access policy, see our previous blog.