In April, UK Post Office branches reported a new record £3.48bn cash transactions due to partnerships and shared banking hubs.

In April, UK Post Office branches recorded a new record of £3.48bn in cash transactions, including £2.62bn deposits and £865m withdrawals. The Post Office's partnership with Monzo and other banks has contributed to this growth, with the opening of 50 shared banking hubs that offer counter services and private areas for complex matters. These hubs aim to serve communities affected by bank branch closures.

May 13, 2024
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