Record £3.23 billion in cash handled at Post Offices
Post Offices handled a record £3.23 billion in cash in May. This was the third successive month where over £3 billion has been deposited and withdrawn in a single month.
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Post Office welcomes access to cash announcement in Queen's Speech
Welcoming the announcement in the Queen’s Speech that the Government will bring forward legislation that will protect people’s access to cash, Nick Read, Chief Executive at the Post Office, said:
“In many places across the country, Postmasters already operate the last counter in town. We launched our “Save Our Cash” campaign last year precisely because millions of people and businesses rely on -
Legislation to protect free access to cash must be announced today urges Post Office; Figures show over £3 billion handled at branches in April alone
Post Offices handled over £3 billion in cash in April for the second consecutive month
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Rochford and Cambuslang BankHubs celebrate one-year anniversary – playing pivotal role in local economies
Two BankHubs at Rochford and Cambuslang, operated by the Post Office in partnership with the banks, today (28 April) celebrate their one-year anniversary.
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Record £3.2 billion in cash handled at Post Offices in March
Post Office’s 11,500 branches handled a record £3.2 billion in March, significantly up from figures for February (£2.7bn) and January (£2.9bn), both impacted by on-going Covid-19 uncertainties and stormy weather Personal cash deposits up 15% month-on-month (£1.31bn, March 2022) Business cash deposits up 15% month-on-month (£1.09bn, March 2022) and first time exceeded a billion since December Per
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Personal cash withdrawals up over 3% month-on-month despite impact of Storms Dudley and Eunice
Personal cash withdrawals over Post Office counters totalled £650.5 million in February. Up 3.2% month-on-month
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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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