(openPR) 1 October 2010

A survey of residents of the United Kingdom through 2000 revealed that withdraw more than 60 percent of the population, it would be useful to £ 5 notes ATMs, the support of the Bank of England? Initiative to increase the number of £ 5 notes in circulation.

according to new research from Lloyds TSB, it is clear to the assessment of £ 5 notes withdrawal from ATMs in young people of the UK population, with 81 percent of the 18A? 24 years welcoming the initiative, followed by 74 percent of 25-34 years.

Lloyds TSB has expanded the number of machines Cashpoint issue 5 pound notes to 100 and continue to expand this in line with the Bank of England? the initiative. The majority of these ATMs Lloyds TSB are in universities or branches of the city center, close tightly with students, where budgeting is essential and £ note 5 distribution is obviously trying to be approved by young clients populated to maximize their student bank accounts.

Interestingly, research shows the older generation (65 + years) tend to have large denominations of cash on a removed less often. Compared to the younger generation (18-24 years), which seems to withdraw from smaller denominations of cash on a frequent basis.

Gill Sephton, Head of ATM Strategy and Change, Lloyds TSB comments:

â? We are delighted that our network and allows Cashpoint Bank of England committed? Initiative to increase the number of £ 5 notes in circulation. We already have over 100 machines dispensing cash Point £ 5 notes, and we are determined to build on this capability to ensure that our ATMs offer comfortable facilities for> all.â ????

There was a strong increase in the use of ATMs in the past two decades, and not surprisingly, 74 percent of Britons say they are ATMs withdraw their preferred method of money. Another eight percent prefer cash-back and select another eight percent in order to withdraw money from the cashier in a bank branch. Despite the popularity of ATMs, the results show that not using the five per cent of British cash machines.

On average one in five (20 percent) of respondents use an ATM cash withdraw 2-3 times per week, more than a quarter (27 percent) a trader tickets visit once a week, while eight percent use an ATM and when she need money.

For further information please contact:

Risha Parmar, Lloyds TSB Press Office

020 7356 2499, Risha (dot) Parmar (at) LloydsTSB (dot) co uk (dot)

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