Business cash deposits up almost 9% in April at Post Offices
Total value of cash deposits and withdrawals at Post Offices totalled £2.45 billion in April, in line with March (£2.44 billion) Business cash deposits in April totalled £769 million, up 8.8% month-on-month (£707 million, March 2021) as non-essential businesses re-opened on 12 April Personal cash deposits exceeded £1 billion for the second successive month totalling £1.07 billion, dipping 3.8% m
BankHubs launch to provide communities with vital cash and banking services from their local Post Office
Two ‘BankHubs’ have opened as part of the Communities Access to Cash Pilots (CACP) initiative. The new centres in Rochford and Cambuslang will provide local customers with basic banking and cash services, as well as dedicated rooms where they can see community bankers from their own bank.
Cash deposits and withdrawals at highest level since last October as businesses and consumers prepare for retail reopening
Latest data from the Post Office’s March Cash Tracker shows cash deposits and withdrawals returned to pre-lockdown levels
February cash deposits flat month-on-month during lockdown, while personal cash withdrawals up 4.6%
Latest data from the Post Office’s February Cash Tracker
Business cash deposits down over 40% year-on-year, while personal customers continue to rely on Post Office for depositing cash during lockdown
Latest data from the Post Office’s January Cash Tracker shows the impact the Covid-19 pandemic has had on small businesses and the self-employed with business cash deposits down over 40% compared to January 2020. In contrast, personal cash deposits were up 4.6%.
Personal cash withdrawals and deposits up over 5% in December
Over £1.6 billion was withdrawn and deposited by personal customers at Post Office’s 11,500 branches in December. Over 5% (£91 million) more compared with November Personal cash withdrawals in December totalled £640.7 million, up 14% on November when much of the UK was in lockdown. Personal cash deposits totalled £978.6 million, up 1.3% on November Post Offices are open long hours throughout the
Personal Cash deposits in November dip only 2% month-on-month – but lockdown in England contributes to 22% fall in business deposits
Personal cash deposits remained relatively stable at Post Offices in November compared with the previous month, however business cash deposits fell 22%, largely as a result of national restrictions across England, according to the latest Post Office Cash Tracker.
Small businesses expected to receive a festive boost as support increases in light of Covid-19
Over a fifth (21%) of Brits saying they are more likely to buy Christmas gifts from small businesses according to the Post Office
Cash deposits dip 4.6% to £1.9 billion at Post Office as Circuit Breaks and Tiered restrictions introduced in parts of the UK in October
Cash deposits by business and personal customers at Post Office branches in October totalled £1.91 billion in October, dipping 4.6% (£92 million) compared with September (£2 billion).
Present posting is set to boom this Christmas with 50% of the UK set to buy more online gifts this year
More than four in 10 Brits expect their Christmas to be impacted by Covid-19 says the Post Office and more than a fifth have already decided they’ll be sending festive gifts through the post rather than giving in person this year
Post Office ensures millions of people continue to have access to free to use ATMs with major investment programme
Post Office has announced a £16 million investment that will see it own and operate around 1,400 free to use cash ATMs and become a member of the LINK network.