Effectively every cash machine in the UK is connected to LINK, and LINK is the only way banks and building societies can offer their customers access to cash across the whole of the UK. All the UK’s main debit and ATM card issuers are LINK members.
Cash machine operators join LINK in order to offer cash to the 100 million plus LINK-enabled cards in circulation.
The total value of LINK cash withdrawals can exceed £10 billion per month and at its busiest, LINK processes over 1 million transactions an hour.
LINK supports access to cash and the number of cash machines in the UK has grown from 36,000 in 2001 to over 70,000 today. The number of free-to-use ATMs is at an all-time high of over 53,000 and over 98% of all ATM cash withdrawals by UK cardholders in the UK are made free of charge.
LINK is recognised as an inter-bank payment system under section 184 of the Banking Act 2009. This is because of the crucial role that LINK plays in the UK economy as the main facilitator of free-to-use cash withdrawals.