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)
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Holiday Money Index reveals that demand for holiday money is recovering post-lockdown, while sterling is up against all key currencies
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 -
Coutts joins Post Office Banking Framework
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 resumes Travel Money service
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 sees 30% increase in fast track mail service use during Covid-19
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.
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Post Office launches Historical Shortfall Scheme for Postmasters
The Post Office today (1 May 2020) announced the launch of a claims scheme for current and former postmasters who believe they have experienced shortfalls related to previous versions of its computer system Horizon.
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Post Office makes access to cash products available faster to help self-isolating individuals during coronavirus pandemic
Post Office is making two of its products – ‘Payout Now’ and ‘Fast PACE’ (a pre-authorised cheque encashment service) available to all UK’s banks, building societies and credit unions.
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Post Office and Payzone networks to become exclusive bill payments provider for British Gas
New long-term bill payment contract signed with British Gas All British Gas customers can pay bills and top up prepaid meters at any Post Office and Payzone location from 1 January 2020 The contract win will drive footfall to Post Office and Payzone retailers
A new, exclusive long-term contract has been awarded to Payzone Bill Payments Limited, part of Post Office Grou -
Post Office launches two new credit cards in partnership with Capital One
● New credit cards available from today in partnership with Capital One
● Classic Card can offer 0% interest purchase and Balance Transfer rates for up to 18 months
● Travel Card offers no foreign exchange fees when you spend abroad
Post Office has today announced the launch of two new credit cards with its partner Capital One - which are available online at https://www.postoffice.co.uk/c -
Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway
Holiday Money Index reveals strong demand for Caribbean and South American currencies as winter sun season gets underway
Post Office Travel Money’s latest Holiday Money Index covering foreign currency sales from 1st January to 30th September 2019 confirms a strong appetite for overseas travel even though ongoing volatility in currency markets is having a daily impact on the value of sterling as -
Rate of Sale: UK property takes almost two weeks longer to sell than last year
Nationwide, the average time it takes to sell a home has increased by nearly two weeks in the last year, to 114 days Homes in Oxford, one of the least affordable cities in the UK, take the longest to sell, staying on the market for an average of nearly five months (152 days) Aberdeen is the second slowest-selling city (151 days), despite Scotland’s quick legal process which helped Edinburgh and
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Post Office announces new agreement with 28 UK banks to ensure millions of people across the UK have national free access to everyday banking services
130 MILLION CASH WITHDRAWALS, DEPOSITS AND BALANCE ENQUIRIES UNDERTAKEN BY CUSTOMERS OF UK BANKS AT POST OFFICE BRANCHES LAST YEAR OVER 11,500 POST OFFICE BRANCHES PROVIDE A LIFELINE TO CASH WITHDRAWALS FOR MORE VULNERABLE CUSTOMERS AND THOSE LIVING IN URBAN DEPRIVED AND RURAL AREAS NEW AGREEMENT ENSURES THAT THE RIGHT PAYMENT LEVELS ARE IN PLACE FOR POSTMASTERS PROVIDING THESE ESSENTIAL SERV
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