Management and oversight of the industry, in close cooperation with partners

The Banque de France oversees all cash-related activities and is currently guiding the modernisation of the industry, in cooperation with its principal partners.

The Banque de France organises ad-hoc working groups with representatives of commercial banks and cash-in-transit firms in order to deal with specific issues relating to cash activities. As part of the industry modernisation, the Bank has also organised workshops to allow its partners to express their needs and ensure that their time and budget constraints are taken into account.

Changes to the structure and regulation of the cash industry are regularly discussed within the French Committee on the Standardisation and Organisation of the Banking Industry (CFONB), by a working group run jointly by the Banque de France and a representative of the banking industry.

 Lastly, a high-level group – the Cash Industry Steering Committee (CP2F) – was set up in 2014, chaired by the Banque de France’s Directorate General Services to the Economy and Branch Network Activities, and with the participation of the French Banking Federation, Fedesfi, USP Valeurs, the French Treasury, the heads of means of payment activities from the main banking networks, and managers of cash-in-transit firms.

Created in September 2018 under the aegis of the Ministry of the Economy and Finance and the Banque de France, a working Group comprising representatives of the French cash industry established an overview of access to cash in metropolitan France at end-2020 (Report FR-12/07/2021).

At the end of 2020, there were 48,710 ATMs in operation in metropolitan France, compared with 50,316 one year earlier (and 52,451 at the end of 2018), a decrease of 3.2%, which is less than the decrease observed in 2019 (-4.1%). At the end of 2020, there were 48,710 ATMs in operation in mainland France, compared with 50,316 one year earlier (and 52,451 at the end of 2018), a decrease of 3.2%, which is less than the decrease observed last year (-4.1%).

The network of ATMs in France remained largely unchanged from one year to the next, with a stable high level of service. 

The Banque de France is responsible for monitoring all cash sorting and recycling activities carried out by private operators

Updated on: 08/10/2021 15:57