Christmas Day cash at Post Offices; £1 billion expected to be withdrawn across December
Over £3.7 million in cash was withdrawn or deposited over the counter at 1,300 Post Office branches that were open on Christmas Day.
Over £3.7 million in cash was withdrawn or deposited over the counter at 1,300 Post Office branches that were open on Christmas Day.
The Post Office is predicting that close to £1 billion worth of cash will be withdrawn over the counter at its branches in December.
Post Offices handled £3.69 billion in cash deposits and withdrawals in October.
Attitudes towards savings are shifting, with 30% finding saving money more exciting than it was five years ago. Nearly a third of Brits (29%) feel that saving for a "rainy day" is outdated, preferring to save for enjoyable experiences like holidays, new gadgets, or shopping. More than a third of Brits adopt a "you can't take it with you" approach, preferring to spend their money while they can.
New figures released today reveal Post Offices handled a record £3.77 billion in cash deposits and withdrawals in July.
Post Offices saw cash deposits and withdrawals total a record £3.57 billion in May, beating the previous record high set in April 2024 (£3.48 billion). In June, cash transactions totalled £3.43 billion – with unseasonable weather resulting in a dip in business cash deposits – but was still the fourth highest amount on record. Business cash deposits totalled £1.13 billion in June, down both 3.4%
New figures released today reveal Post Offices set a new record for cash transactions at its branches for the second month in a row.
Post Offices saw an almost 5.5% increase in personal cash deposits in March compared with the previous year.
Post Office has partnered with Monzo
Post Offices handled £3.37 billion worth of cash deposits and withdrawals in January 2024, up over £140 million on January 2023
Post Offices saw a record £930 million in personal cash withdrawals over the counter in December. Post Offices saw all time record for personal cash withdrawals on a single day - Friday 22 December - with £62.4 million taken out over the counter Figure beats previous record from Christmas 2022 by over £10 million when £51.5 million was withdrawn over the counter (Friday 23 December 2022). In tota
Post Offices saw the highest amount of cash withdrawn over the counter in the run-up to Christmas on record.