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.
Cash deposits at Post Offices were up almost 50% in January compared with a year ago.
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.
Over £800 million in cash was withdrawn by personal customers over the counter at Post Offices during the festive period.
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.
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.
Post Offices in October handled almost £3 billion in cash deposits and withdrawals continuing the strong performance seen in September.
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.
Post Offices in September handled almost £3 billion in cash deposits and withdrawals.
Post Offices handled £1.03 billion in business cash deposits in August, the highest amount recorded so far this year, despite August traditionally being a quieter month for banking services Business cash deposits were up 2.2% month-on-month and up 23.5% compared with August 2020 as international travel uncertainty meant more cash spent locally at hospitality venues. Recent Post Office survey fou
Post Office saw the highest ever amount of cash withdrawn from its 11,500 branches outside of the traditionally busy December period, according to the latest date from its Cash Tracker.
Total value of cash deposits at Post Offices totalled £2.2 billion, up 17% compared with May (£1.89 billion). This is the highest amount ever deposited in a single month. Business cash deposits exceeded £1 billion for the first time since October 2019 and up almost 24% month-on-month (May 2021, £826 million). Increase in business cash deposits comes after new Post Office research found 70% of UK
The Post Office has over 11,500 branches across the UK, 97% of these are run with retail partners on an agency or franchise basis. 99.7% of the population live within 3 miles of a Post Office and 93% live within 1 mile. Along with a significant online business, we are the biggest retail network in the UK, with more branches than all the banks and building societies combined.
100 Wood Street
EC2V 7ER London
United Kingdom
