Press release -
6.5 million cash deposits made at Post Office in March
New figures released today (14 April) show that 6.5 million cash deposits were made at post offices across the UK in March, up 11.3% month-on-month (5.84 million, February 2025) and up 15.5% year-on-year (5.62 million, March 2024).
In March, personal cash deposits totalled £1.6 billion, up 12.2% month-on-month (£1.43 billion, February 2025) and up 17.5% year-on-year (£1.36 billion, March 2024).
In March, business cash deposits totalled £1.22 billion, up 14.4% month-on-month (£1.06 billion, February 2025) and 7.8% year-on-year (£1.13 billion, March 2024).
In March, personal cash withdrawals totalled £925.02 million, up 12.8% month-on-month (£820.1 million, February 2025) and up 10.1% year-on-year (£840 million, March 2024).
Overall, personal and business cash deposits and withdrawals at Post Office totalled £3.77 billion in March.
The average transaction value in the UK for withdrawals was £132 across both business and personal customers. Northern Ireland continues to have the highest average withdrawal value (£193) and Scotland the lowest of the UK nations (£115).
Ross Borkett, Banking Director at Post Office, said: “We continue to see millions of people choose Post Office as a trusted location to deposit and withdraw cash each month. The significant annual increase in the number of cash deposits in March shows that access to cash and cash use remains vital for people across the UK.”
Post Office Cash tracker data – March 2025
Business cash deposits
Personal cash deposits
Personal cash withdrawals
Banking Hubs
As at 19 March 2025, 140 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 31 January 2022, Post Office announced that the Banking Framework agreement has been extended until the end of 2025.
[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.
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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.
