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  • ​Post Office Cash Tracker – Business cash deposits at Post Office rise a further 3.1% in August, highlighting signs of economic recovery

    Business cash deposits up 3.1% on July and up 165.6% (£831 million) on April lows, when lockdown measures were in place across the UK and business cash deposits totalled £313 million. Personal cash deposits were up 16.3% year-on-year in August, markedly exceeding levels seen pre-pandemic. Total cash deposits for business and personal customers reached £1.8 billion for the month, while total c

  • 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 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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