NETWORK REPORT 2023
29
Financial Services
The Post Ofce offers a range of nancial services products including banking, foreign
exchange, bill payment and savings and investment products.
Service Availability Description
Personal banking
and Business
banking
All branches Post Ofce offer a range of core services – cash deposit, cash withdrawal, change
giving and cheque enveloped deposits, to virtually every Personal, SME and
Business customer of almost every UK bank. These services are provided through
a ‘Banking Framework’ which has been established to ensure continuity, standard
service and consistent operational provision to each participating bank.
Cash machines Selected
branches
Over 1400 free-to-use cash machines are available at Post Ofce branches
nationwide.
Bank of England
Note exchange
Selected
branches
Exchange paper Bank of England banknotes from the last series that have been
withdrawn from circulation for the same value in current polymer notes.
Bureau de Change Selected
Branches
A wide range of commission free currencies and the Post Ofce Travel Money
Card, 3,600 branches offer a range of currencies on demand. An additional 1,000
branches offer Euro and Dollars on demand with a further 2,200 offering Euros on
demand. Currencies can be pre-ordered in selected branches or online for collection
at any branch or delivery to home.
Travel insurance Selected
Branches,
online and via
call centre
Single Trip, Annual Multi-Trip and Backpacker products available. Premier Travel
Insurance available in selected Post Ofce branches. The full Travel Insurance range,
including Economy, Standard, Premier available online and over the phone.
Travel Money Card Selected
branches and
online
Post Ofce Multi-Currency Travel Money Card offers the security with the
convenience of plastic making it a secure, convenient way to carry foreign currency.
You can load the card with up to 23 Currencies – including Euro, US Dollar and
Sterling – and then use it in shops, restaurants and bars around the world that
welcome Mastercard. The Travel Money Card App makes it easy to freeze the card,
Top up, check balances and recent transactions.
MoneyGram Selected
branches
International money transfer service, customers can send money to over 200
countries, with the cash available in minutes worldwide. Available in around 6,500
branches.
Western Union Selected
branches
International money transfer service, allowing customers to send money to over 200
countries either into bank accounts or have cash collection. Available in over 3,800
branches.
Bill payments All branches Acceptance of payment and pre-payment towards a variety of bills including gas,
electricity, water, phone, council rent, mail order and insurance. (Some schemes
available on an area basis as agreed with councils/local authorities.) Post Ofce
Limited also owns Payzone Bill Payments Limited, providing around 24,000 over-
the-counter bill payment locations across the two networks.
Branches enable the charging of electricity and gas meter tokens to enable
customers to charge electric keys, Quantum gas cards, and mobile phone top ups
(stocks of cards and keys are held at selected Payzone and Post Ofce outlets for
British Gas, EDF and E.ON and replacement tokens for SSE Hydro at a small number
of Post Ofces in Scotland.)
Mortgages Apply online or
by phone*
Post Ofce offers a comprehensive range of mortgages for rst-time buyers, home
movers and re-mortgages, applications can be made online or by phone.
Banking Hubs Selected
Locations
• A Banking Hub is a shared bank branch offering cash and banking services.
• Customers can access over the counter or automated cash services and meet
with community bankers in a private space. The community bankers will share
the site, each basing themselves there one day a week.
• Customers can speak to their local community banker for face-to-face help
with more complicated transactions such as mortgages or balance transfers on
a dedicated day of the week (e.g. Barclays on a Monday, HSBC on a Tuesday)
Credit Card Apply online* The Post Ofce Money Credit Card offers a range of features and benets.
Information is available in some branches and customers can apply online.