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Nationwide Strike in Cash Transport Sector Threatens ATM Cash Shortages

A two-day strike by cash transport workers, driven by stalled wage negotiations, may disrupt cash availability at ATMs across Germany.

  • The strike, organized by the Verdi union, involves approximately 10,000 cash transport workers demanding higher wages and better benefits.
  • Cash transport operations have been significantly reduced, with very few transport tours starting, potentially leading to cash shortages at ATMs.
  • The Bundesvereinigung Deutscher Geld- und Wertdienste (BDGW) has not yet presented an acceptable offer, prompting the strike to coincide with ongoing negotiations in Munich.
  • Verdi's demands include overtime pay for hours exceeding eight per day, uniform holiday and Christmas bonuses, and a 31-day annual leave policy.
  • Preparations by banks and service providers, such as stocking ATMs in high-traffic areas, aim to mitigate potential cash shortages during the strike.
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