Press "Enter" to skip to content

UPDATE: Bank to Phase Out Cash, Check & Phone Payments in 2024 and Move to Digital-Only Transactions

By Noah


Macquarie Bank, Australia’s fifth-largest bank, announced it will phase out cash, cheque and phone payments in 2024 as it transitions to digital-only transactions.

The bank told customers they’ll be unable to write or deposit cheques and withdrawal or deposit cash over the counter by November 2024.

“Between January 2024 and November 2024, we’ll be phasing out our cash and cheque services across all Macquarie banking and wealth management products, including pension and super accounts,” the bank told customers, according to

The outlet noted Macquarie Bank’s announcement sparked criticism as another move towards a cashless society…


Live Stream + Chat (

We need your help to keep Caravan to Midnight going,

please consider donating to help keep independent media independent

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Breaking News: