Peyia, Cyprus. Concerns have been raised over the absence of ATMs and bank branches in Peyia, with calls for the immediate installation of at least one cash machine to serve residents. Municipal councillor Savvas Theodosiou said access to basic banking services has become increasingly difficult.
Closures and shift to digital services
Theodosiou said on Saturday that local branch closures and the removal of ATMs in the wider Akamas municipality have made basic transactions harder to complete. He said banks are increasingly shifting towards digital services, but warned this has created serious problems, particularly for elderly people.
Impact on residents
Theodosiou said residents are now required to travel long distances for simple transactions. He added that many elderly people are not familiar with mobile banking or online payments and are often forced to rely on family members or neighbours for cash withdrawals and bill payments. He said this significantly reduces their independence.
Call for action
He called on authorities and financial institutions to act quickly to restore access to cash services in the area, urging consideration of at least one bank branch to serve surrounding communities.
How has the lack of local ATMs or bank branches affected your ability to manage everyday banking needs?
