Finance Minister Signs Legislation to Safeguard Cash Access

The new Finance Minister, Simon Harris, is set to finalize legislation today that will protect the public’s access to cash. This significant move comes after the Oireachtas passed the bill in May, ensuring that both individuals and businesses will have guaranteed access to cash throughout Ireland.

The legislative measures arise from concerns about diminishing cash availability, particularly in rural regions where bank branch closures have become increasingly common. The Central Bank has been tasked with assessing the current state of ATM coverage across the country, and it has provided a series of recommendations to the government aimed at addressing these issues.

The legislation reflects a growing acknowledgment of the importance of cash transactions in everyday life, especially for vulnerable populations who may not have access to digital payment systems. The guarantees laid out in the new law will help ensure that communities are not left without essential banking services.

Harris emphasized that these measures will particularly benefit rural areas, where residents have felt the impact of financial institution closures more acutely. By reinforcing access to cash, the government aims to foster economic stability and inclusivity.

As the signing takes place on November 24, 2025, it marks a pivotal moment in Ireland’s financial landscape, potentially setting a precedent for other nations grappling with similar challenges in the evolution of cash and digital payment systems.

Overall, the move is expected to resonate positively with citizens who rely on cash for their daily transactions and highlight the government’s commitment to maintaining accessible financial services across all regions of the country.