Recognising the importance of cash to a free and fair economy, HSBC UK has installed the first of ten Cash Pods aimed at improving access to physical money in areas that lack banking facilities due to local branch closures.

The standalone pod offers fee-free withdrawals for both customers and non-customers, and people who bank with HSBC will also be able to make deposits. Located in Nailsea, North Somerset, its installation pre-empted the closure of the regionโ€™s last bank in February.