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

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