Woolworths clients will be unable to get as a lot money out from the grocery store because it reduces withdrawal limits.
Cash withdrawals can be minimize by greater than half from $500 to $200 this week, a transfer that Woolworths stated is because of buyer demand.
“From mid September, we will be reducing the limit of cash customers can withdraw from our stores per transaction,” a Woolworths spokesperson stated.
“This is due to the lack of cash being used in transactions, with the majority of customers opting for card-only transactions such as Everyday Pay.”
The grocery store large flagged it’s going to transfer away from permitting money withdrawals with out a buy.
By the top of October, customers might want to make a purchase order earlier than withdrawing money.
The transfer comes as dozens of financial institution branches shut and ATMs change into tougher to trace down.
Woolworths says it’s going to proceed to permit clients to withdraw money regardless of the foremost value of conserving money on premises.
“We understand cash remains an important payment option for some customer,” the grocery store stated in a press release.
“That’s why we’ll continue to offer the ability to withdraw cash.”
Source: www.perthnow.com.au
