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
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 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.
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.
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.
