Ahead of the closure of the town’s last bank, HSBC UK has introduced its first standalone ‘Cash Pod’ in Nailsea, North Somerset.
Similar to ATMs, the Cash Pods allow cash withdrawals for all, and cash deposits for HSBC UK customers. They also offer account balance checks, mini-statements, card activation, PIN resets, and credit card payments.
Ten Cash Pods are planned for the current year, across locations including a farm shop, car parks, and shopping centres, some of them powered by solar panels. They will feature community defibrillators, bike racks, and living walls for greenery.
Against a backdrop of escalating branch closures, HSBC UK managing director Oli O’Donoghue emphasised the bank’s commitment to maintaining access to cash. The Cash Pod initiative aims to support local communities.