Cash deposits and withdrawals on course to top £3 billion a month at Post Offices
Post Offices in September handled almost £3 billion in cash deposits and withdrawals.
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Post Offices record highest amount of business cash deposits all year
Post Offices handled £1.03 billion in business cash deposits in August, the highest amount recorded so far this year, despite August traditionally being a quieter month for banking services Business cash deposits were up 2.2% month-on-month and up 23.5% compared with August 2020 as international travel uncertainty meant more cash spent locally at hospitality venues. Recent Post Office survey fou
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Record amount withdrawn at Post Offices in July – up 14% year-on-year as consumers continue to spend their cash
Post Office saw the highest ever amount of cash withdrawn from its 11,500 branches outside of the traditionally busy December period, according to the latest date from its Cash Tracker.
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Record amount deposited at Post Offices in June; business cash deposits exceed £1 billion for first time in over 18 months as consumers spend their cash after over a year of restrictions
Total value of cash deposits at Post Offices totalled £2.2 billion, up 17% compared with May (£1.89 billion). This is the highest amount ever deposited in a single month. Business cash deposits exceeded £1 billion for the first time since October 2019 and up almost 24% month-on-month (May 2021, £826 million). Increase in business cash deposits comes after new Post Office research found 70% of UK
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‘Save Our Cash’ Day shines light on eight million Brits reliant on cash, demonstrating urgent need to make access a legal right
‘Save Our Cash’ Day is being held in communities across the country today to raise awareness of the issues faced by the more than eight million people who say they would struggle to survive without cash
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New £50 note featuring Alan Turing available at Bletchley Post Office
The local Post Office in Bletchley is the only place outside the City of London today where the new £50 note can be seen by members of the public.
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Business cash deposits up over 7% in May at Post Offices; personal cash deposits and withdrawals hold steady during one of wettest May’s on record
Total value of cash deposits and withdrawals at Post Offices totalled £2.49 billion in May, up on April (£2.45 billion) Business cash deposits in May totalled £824 million, up 7.2% month-on-month (£769 million, April 2021). In Scotland, business cash deposits were up almost 36% month-on-month (£68.7 million in May) Personal cash deposits exceeded £1 billion for the third successive month totallin
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Post Office launches major new campaign to ‘save our cash’
The Post Office has launched a major new campaign today calling on government and industry to work together to ‘Save Our Cash’.
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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
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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.
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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
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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
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