Santanders freaky Friday cash machine

blondeyk89

TREVORCOLMAN wrote: »

Its £10 minimum - what is hard to understand?

I think the op's point was that he requested £5 and it declined him but then gave him two £5 notes. Whats hard to understand his point?

The bank of england are producing more £5 notes due to public demand. Too right they should!!

michaels

I thought the lack of £5 notes in circulation was precisely because so few cash machines get loaded with them - I those saying there are a shortage of fivers have cause and effect backwards

JimboP_2

At uni we had a cash machine that allowed a minimum withdrawal of £5! It was always stocked and a life saver many a time! there should definitely be more around!

casper_g

Do you think it would have allowed a withdrawal of, say, £15?

nzseries1

preable wrote: »

£5 notes are in short supply these days thats why most have a £10 min

I don't understand your logic. An ATM machine holds, for example, 1,000 fivers.

• With a £5 minimum, that means that 1,000 people could each withdraw five pounds.
• With a £10 minimum, that means that only 500 people could withdraw five pounds, because they have to withdraw at least two fivers to get what they want.

How does increasing the minimum withdrawl help increase the supply of fivers? If anything, it makes them more rare, because people need to take out two each time, when they might only want one!

dtaylor84

preable wrote: »

£5 notes are in short supply these days thats why most have a £10 min

That doesn't make sense if it means someone who only wants one £5 note is given two!

Lokolo

casper_g wrote: »

Do you think it would have allowed a withdrawal of, say, £15?

I like this point. I think the OP should try it

united66

It will chuck out 15 pound coins