Cash is King?

A couple of weeks ago we introduced ‘Dave’ – if you recall, he’s a butcher. He’s been working in the rural town where he lives for years now, happy to be serving his amazing clients with his best cuts of meat.
Suddenly the local branch of his bank closed in the high street.
This means he now has to drive over an hour to get to the next branch to pay in the daily takings.
You ask why does he do that?
Answer: Dave still accepts cash from his clients, in fact he prefers it – cheaper to bank, easier to budget and nobody is on the take from his hard work!
Dave is just like 80% of other small businesses in our high streets, they all prefer cash!
Tell us what you think about cash and it’s future banxlocal.uk

Dave runs a small butcher shop where most of his customers pay in cash. Since the the last bank in his town closed, he now has to take two hours from his working day to travel to his nearest branch in the next town just to pay in the daily takings. Dave joins the 40% of SME’s finding it difficult or expensive to access bank depositing services.

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