Cash deposits up almost 50% at Post Offices compared to last year when country was in lockdown
Cash deposits at Post Offices were up almost 50% in January compared with a year ago.
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Post Office announces continued ‘lifeline’ for businesses and communities that rely on cash with new banking agreement
Post Office has today announced that it has secured the continuation of an agreement to handle bank account cash deposits and withdrawals for a further three years – ensuring a continued ‘lifeline’ for the millions of people and small businesses nationwide that rely on cash.
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Record £801 million in cash is withdrawn at Post Office counters over festive period
Over £800 million in cash was withdrawn by personal customers over the counter at Post Offices during the festive period.
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Post Office expands critical support of branchless communities, as BankHub rollout is announced
The Post Office has confirmed the expansion of its BankHub network, as part of a landmark industry commitment to protect cash and banking services across the UK.
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Cash deposits and withdrawals top £3 billion at Post Offices for first time
Post Offices in November handled over £3 billion in cash deposits and withdrawals, the highest amount for a single month in its 360-year history.
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October Post Office cash deposits and withdrawals exceed £2.9 billion for second month running
Post Offices in October handled almost £3 billion in cash deposits and withdrawals continuing the strong performance seen in September.
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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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