Criminals have found it no longer pays off to walk into bank branches in search of a bag of crisp notes in Denmark. Find out more.
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Criminals have found it no longer pays off to walk into bank branches in search of a bag of crisp notes, as falling cash use in society has pushed banks to trim costs by pulling cash services from most branches.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
Danes increasingly use cards and payments apps on their smartphones for transactions, causing cash withdrawals to drop by about three-quarters over the last six years, according to central bank data. In total, about 20 bank branches across Denmark have cash holdings, according to Finance Denmark.
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