AUSTRALIA – Bank Withdrawal Access Denied To Thousands As Customers Forced To Move 500 Miles To Get Cash: Report
4,500 residents living in the town of Kununurra are now facing a 500 mile journey to the closest bank, reports Yahoo Finance. The town used to have brick-and-mortar branches and ATMs for Commonwealth Bank (CBA), NAB and Westpac. But all three banks have now left, citing reasons like staffing and security, amid an industry-wide trend of reducing physical locations.