Press release -
6.3 million cash deposits made at Post Office in April
New figures released today (21 May) show that 6.3 million cash deposits were made at Post Offices across the UK in April, up 5.3% year-on-year (5.98 million, April 2024). This figure was down 3.1% month-on-month (6.5 million, March 2025) likely reflecting the shorter month.
In April, personal cash deposits totalled £1.55 billion, down 2.8% month-on-month (£1.6 billion, March 2025) but still up 7.5% year-on-year (£1.45 billion, April 2024).
In April, business cash deposits totalled £1.19 billion, down 2.5% month-on-month (£1.22 billion, March 2025) but again up 0.7% year-on-year (£1.18 billion, April 2024).
In April, personal cash withdrawals totalled £919.25 million, down 0.6% month-on-month (£925.02 million, March 2025) but firmly up 10.2% year-on-year (£833.95 million, April 2024).
Overall, personal and business cash deposits and withdrawals at Post Office totalled £3.69 billion in April.
The average transaction value in the UK for withdrawals was £133.93 across both business and personal customers – up £9 on the previous year (£124.88, April 2024). Northern Ireland continues to have the highest average withdrawal value (£193.41) and Scotland the lowest of the UK nations (£117.54).
Ross Borkett, Banking Director at Post Office, said: “Figures remain strong in April, reflecting the fact that many people and businesses continue to use their local post office as a trusted location to withdraw and deposit cash. In April, we also announced the extension of our banking agreement with 30 banks and building societies. The five-year agreement provides certainty for businesses and customers, ensuring they can continue to access cash in our Post Office network until 2030.”
Business cash deposits
Personal cash deposits
Personal cash withdrawals
Banking Hubs
As at 24 April 2025, 155 hubs have been opened in partnership between Cash Access UK and the Post Office. 224 Banking Hubs have now been announced by LINK with further openings planned for later this year.
For further data and analysis, visit https://corporate.postoffice.co.uk/cashtracker
About Post Office Cash Tracker and access to cash
Data included in this press release reflects cash services used under the Banking Framework. Over 30 banks and building societies are part of the Banking Framework which enables their customers to withdraw or deposit cash at any of the Post Office’s 11,500 branches. On 30 April 2025, Post Office announced that the Banking Framework agreement had been extended until the end of 2030.
[1] Figures for cash deposits value and cash withdrawals value by country have been rounded to the nearest million. This is why value figures per country will not add up exactly to the total for the UK.
Categories
About the Post Office
- With over 11,500 branches, Post Office has the biggest retail network in the UK, with more branches than all the banks and building societies combined.
- Post Office is helping anyone who wants cash to get it whichever way is most convenient. Partnership with over 30 banks, building societies and credit unions means that 99% of UK bank customers can access their accounts at their Post Office.
- Cash withdrawals, deposits and balance enquiries can be made securely and conveniently over the counter at any Post Office; and the biggest investment by any organisation or company in the last decade is being made to safeguard 1,400 free-to-use ATMs across the UK.
- Post Office is simplifying its proposition for Postmasters with a focus on its cash and banking; mails and parcels; foreign exchange; and; bill payments services.
- Research has found that visits to the Post Office help drive another 400 million visitors to other shops, restaurants and local businesses equating to an estimated £1.1 billion in additional revenue for High Street businesses.
- 99.7% of the population live within three miles of a Post Office; and 4,000 branches are open seven days a week.