£11bn 'to be withdrawn in December'
Sainsbury's Bank predicts a 1.3% rise in cash withdrawals compared with December last year to reach a total of £11.1 billion, due to an increased number of ATMs across the country, resulting in increased accessibility.
The predictions were based on analysis of past ATM usage which was provided by Link cash machines.
Researchers believe there will be around 161 million withdrawals over the month - representing an increase of more than a million withdrawals compared with last year.
The bank expects to dispense around £850 million from its own machines in December, from more than 12 million cash withdrawals.
© 2012 Press Association