Cash transactions at Post Offices exceed £3.7 billion for the first time
New figures released today reveal Post Offices handled a record £3.77 billion in cash deposits and withdrawals in July.
Categories: cash & banking
After two record-breaking cash handling months at Post Offices, unseasonable weather sees small dip in June
Post Offices saw cash deposits and withdrawals total a record £3.57 billion in May, beating the previous record high set in April 2024 (£3.48 billion). In June, cash transactions totalled £3.43 billion – with unseasonable weather resulting in a dip in business cash deposits – but was still the fourth highest amount on record. Business cash deposits totalled £1.13 billion in June, down both 3.4%
Cash transactions at Post Offices set new record for second month in a row
New figures released today reveal Post Offices set a new record for cash transactions at its branches for the second month in a row.
Post Offices see personal cash deposits up 5.5% year-on-year in March
Post Offices saw an almost 5.5% increase in personal cash deposits in March compared with the previous year.
Monzo joins Post Office Banking Framework with cash deposits for Monzo Customers nationwide
Post Office has partnered with Monzo
Post Offices see £3.37bn worth of cash transactions in January 2024; up over £140 million on January 2023
Post Offices handled £3.37 billion worth of cash deposits and withdrawals in January 2024, up over £140 million on January 2023
Post Offices see record cash withdrawal figures in December
Post Offices saw a record £930 million in personal cash withdrawals over the counter in December. Post Offices saw all time record for personal cash withdrawals on a single day - Friday 22 December - with £62.4 million taken out over the counter Figure beats previous record from Christmas 2022 by over £10 million when £51.5 million was withdrawn over the counter (Friday 23 December 2022). In tota
Post Offices see record amount of cash withdrawn in run-up to Christmas
Post Offices saw the highest amount of cash withdrawn over the counter in the run-up to Christmas on record.
POST OFFICE PREDICTS PEAK POSTING DAY AHEAD OF CHRISTMAS
New research reveals 15% have missed a present arriving on Christmas Day due to posting late
Monday 11th December is predicted to be the busiest day in Post Office branches
Cash still plays an important role in Christmas gift shopping, with 38% still opting to buy Christmas gifts with cash
Post Office shares top tips to ensure people are well prepared ahead of posting to avoid Christmas disap
Personal cash withdrawals up 7% month-on-month in November
Post Offices saw the highest amount of personal cash withdrawals all year in November. £878 million in cash was withdrawn from Post Offices 11,500 branches, up 7% month-on-month (£821 million, October 2023) and up 5% year-on-year (£836 million, November 2022). Personal and business cash deposits totalled £2.4 billion in November. This was down 1.9% month-on-month (£2.44 billion, October 2023) and
Business Cash deposits up over 3% month-on-month in October
Business cash deposits totalled £1.12 billion in October, up 3.3% month-on-month (£1.09 billion, September 2023) Personal cash deposits and withdrawals were relatively flat month-on-month with £1.32 billion deposited by personal customers (+0.8% month-on-month) and £821 million withdrawn (+0.5% month-on-month) In total, £3.3 billion worth of cash was deposited and withdrawn over the counter at Po
Cash deposits in September dip 3% month-on-month
Business and personal cash deposits totalled £2.4 billion in September, down 3% month-on-month (£2.47 billion, August 2023) Cash transactions such as withdrawals and deposits at Post Offices totalled £3.25 billion in September, down month-on-month (£3.34 billion, August 2023) Personal cash withdrawals totalled £818 million in September, down 2% month-on-month (£834 million, August 2023). Cash wit
Cash transactions in August flat month-on-month
Cash transactions totalled £3.34 billion at Post Offices in August – almost identical to July’s £3.33 billion.
Post Offices Provide a Lifeline for Banking Services in UK Communities Amid Ongoing Bank Closures
Post Offices continue to provide the biggest network of everyday banking services across the country, enabling local communities – especially those in rural areas - to access all major high street banks and building society accounts in branch.
Cash transactions dip in July suggests consumers may have started tightening their belts
New figures today reveal cash transactions totalled £3.33 billion at Post Offices in July
Post Office launch as BBC Children in Need’s Official Cash Partner
Post Office collected £871,521.60 for BBC Children in Need in the year to 30 June 2023 Over 7,500 individual donations through almost 3,000 branches 95% of donations received (£828,689.15) were in cash, highlighting the vital role cash plays in supporting charities and good causes Almost 25% of the Post Office network received donations for BBC Children in Need Customers can donate to BBC Childr
Cash transactions total £3.35bn in June - the highest in almost a year
New figures today reveal cash transactions totalled £3.35bn at Post Offices in June – the highest level since last September
Cash transactions total £3.33 billion - highest level since last September, reports Post Office
New figures today reveal cash transactions totalled £3.33 billion at Post Offices in May – the highest level since last September
Over £70m withdrawn from Post Office branches over King’s Coronation bank holiday weekend
New figures today reveal £70.73m in cash was withdrawn at Post Offices over the King’s Coronation bank holiday weekend
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
Show more
Loading...
