6.44 million cash deposits at Post Office branches in June, up over 10% on last year’s figures
New figures released today (16 July) show that the number of cash transactions at Post Office branches is up again against 2024 numbers.
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Cash transactions at Post Offices show sustained strong demand for cash throughout summer months
Post Offices handled £3.64bn in cash deposits and withdrawals in August Across the UK, there was a strong year-on-year increase in business and personal cash deposits Personal cash deposits across the UK exceeded £1.52bn, a 13.74% year-on-year increase, whilst business cash deposits exceeded £1.18bn across the UK, a 3.86% increase year-on-year Wales experienced a particularly strong level of
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Post Office statement in response to FCA announcement on money laundering
Commenting on an FCA announcement on strengthened controls to reduce the risk of money laundering at Post Offices, a Post Office spokesperson said:
“We welcome today’s FCA announcement seeking to ensure that legitimate customers can continue to benefit from Post Office’s everyday banking services.
“We have been warning since last December that cash deposit limits were having a detrimental -
The Royal Mint releases 50 Years of UK Pride 50p into circulation via Post Office network
The Royal Mint has confirmed that a 50p coin celebrating the 50th anniversary of Pride UK will be released into circulation via Post Offices across the UK from Tuesday 25 October, 2022.
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New figures show Scotland’s communities and businesses increasingly supported by Post Offices amid bank branch closures
In 2021, total cash deposits and withdrawals by business and personal customers at Scotland’s 1300 Post Offices rose to a total of [£2.41bn], up 11% per cent compared with [£2.18] bn in 2020.
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Post Office’s crucial role with cash featured in new BBC programme about the journey of cash from Bank of England to a Post Office
Dom Delivers is a fascinating and entertaining new BBC1 daytime programme about logistics, with one episode highlighting Post Office’s crucial role in the journey of cash.
