Brink’s has agreed to buy more than 500 remote ATMs from Allied Irish Bank. The agreement comes about a month after AIB and Bank of Ireland put their non-branch ATMs on the market.
“Expanding our offerings to include full-service management of ATM networks aligns with our strategic goals,” Doug Pertz, president and CEO of Brink’s, in a release from the company. “I am confident we will deliver exceptional ATM services in the Republic of Ireland.”
He said the goal was to maintain the existing ATM estate and to improve cash access in the region, particularly in underserved and rural areas.
“AIB has completed the sale of its non-bank ATM network to Point Cash by Brink’s,” an AIB spokesman said via email. “Under the agreement, Brink’s will retain existing ATMs, and customers with debit cards issued in the Republic of Ireland will not incur any surcharges or additional fees when using these ATMs.”
The spokesman said AIB will continue to own 200 ATMs as well as 430 cash and check lodgement devices at its branches, of which 213 can dispense cash.
Cover image: AIB