Post Office Cash Tracker - Use of cash in July up 24% at Post Office
Cash deposits and withdrawals at Post Office counters amounted to £2.4 billion in July. This is around £450 million higher (+24%) compared with June (£1.94 billion)
Cash deposits and withdrawals at Post Office counters amounted to £2.4 billion in July. This is around £450 million higher (+24%) compared with June (£1.94 billion)
In its first Holiday Money Index of 2020 measuring exchange rate movements and foreign currency sales, Post Office Travel Money reports that demand for holiday money in July showed a positive recovery trend after the prolonged slump during lockdown. At the same time, sterling has held its value and is now worth more against all major holiday currencies than in August 2019.
In particular, the U
More than 700 applications so far
Claims scheme offers redress to postmasters
Independent advisory panel will assess claims
The Post Office is reminding current and former postmasters there is a month left to apply to the claims scheme for those who believe they have experienced shortfalls related to previous versions of its computer system Horizon.
The Historical Shortfall Scheme was lau
Coutts, wealth manager and private bank, has today joined the Post Office’s Banking Framework, allowing its customers to undertake banking services such as making cash withdrawals, deposits or paying in cheques at any of the Post Office’s 11,500 branches – the UK’s biggest retail network.
The agreement means that Coutts becomes the 30th financial institution to join the Framework, which include
Post Office TravelMoney is re-activating its online foreign exchange service and its branch pre-order operation, both of which were suspended in late March at the start of lockdown. This means that the UK’s largest provider of foreign currency, which accounts for one-in-four of all UK currency transactions, will again offer a wide range of Travel Money services across the UK.
As a result of th
Post Office travel insurance products now available to purchase
The UK Government today (10 June) announced that it will shortly launch an independent review into the Post Office Ltd Horizon IT system.
A Post Office spokesperson said:
“The Post Office welcomes the review announced by the Government and we will of course fully and positively engage. It is as much in the interests of Post Office as it is in the interests of postmasters to ensure that issue
Drop & Go, the Post Office’s fast track service for businesses and online sellers sending parcels, has seen a 30% increase in use since Mid-March as small businesses seek new ways to continue trading during lockdown.
Claverley Postmaster, Kay White, the UK’s oldest Postmaster has just notched up 60 years in charge of her Shropshire Post Office.
Postmasters will be able to benefit from a 15% top-up of their variable remuneration in June, the Post Office has announced.
A new campaign has been launched by the Post Office and Alzheimer’s Society to get people to keep in touch with each other and to reminisce remotely ahead of the 75th anniversary of VE Day on Friday.
Post Office, Royal Mail and eBay have today shared 10 tips to support small businesses and budding marketplace sellers as they expand their online retail presence.