Banks now have a limit of £20,000 per year for cash deposits that are paid through Post Offices. With banks closing more and more branches throughout the UK leaving many towns, villages without banks at all, people now rely on Post Offices to be able to deposit cash into their accounts. From March 2025 my closest bank will be around 20 miles away and when that closes it will be around 40 miles away making it impossible to just nip in to deposit cash. This limit will now leave many small businesses unable to put sufficient funds into their accounts to pay bills for the full year, leading to arrears, defaults etc that can lead to debts and low credit scores as many larger businesses only accept payments via baccs / DD etc and won’t accept cash payments. A limit of just £20,000 per year may sound a lot but the average mortgage would take up over 50% of this alone without adding all the other household bills that need to be paid. Cash is very important and can be used in any crisis and as recent events show with power cuts / wifi interruptions etc without cash businesses cannot sell anything and people cannot buy leading to total chaos ! By removing this limit this removes all of these issues and keeps small and big businesses alike able to trade no matter what. Banks say that this limit is to prevent money laundering but many people would choose other reasons. Cash is freedom and cash works no matter what. This is not about just cash but about giving everyone the choice. Please sign this petition the keep cash in circulation.