MSE News: Post office bank plan rejected

Former_MSE_Dan

This is the discussion thread for the following MSE News Story:

Read the full story:
Post office bank plan rejected

callum9999

What would be the rationale behind a post office bank? There are plenty of banks already - several that let you service them at the post office.

If it is simply just to prop up the post office, you might as well just give them the cash.

wotsthat

The state already supports banks both directly and indirectly - I'm not sure why we need another one especially one where you need to queue for half an hour behind someone with their ebay parcels.

JuicyJesus

wotsthat wrote: »

The state already supports banks both directly and indirectly - I'm not sure why we need another one especially one where you need to queue for half an hour behind someone with their ebay parcels.

I'm the other way round - I don't see why I should have to queue for half an hour to post a parcel behind old biddies and people on benefits getting £20 out when they could get an account with any major bank and use a cashpoint. Especially given that Post Offices are, well, for post.

Same as PayPoint in shops, always end up stuck with a heavy basket behind some silly sod wanting to pay all their bills!

BLT_2

JuicyJesus wrote: »

I'm the other way round - I don't see why I should have to queue for half an hour to post a parcel behind old biddies and people on benefits getting £20 out when they could get an account with any major bank and use a cashpoint. Especially given that Post Offices are, well, for post.

Same as PayPoint in shops, always end up stuck with a heavy basket behind some silly sod wanting to pay all their bills!

My sympathy is for the poor 'old biddies' who have gone through years of austerity bringing up their families, having to listen to some obnoxious fool chuntering impatiently behind them because he thinks he is better than them purely by dint of having been born in a more prosperous era.

AnonymousForObviousReason

BLT wrote: »

My sympathy is for the poor 'old biddies' who have gone through years of austerity bringing up their families, having to listen to some obnoxious fool chuntering impatiently behind them because he thinks he is better than them purely by dint of having been born in a more prosperous era.

That's not fair to equate prosperity to being an obnoxious tit. I'm sure every generation has these genetic dead ends.

Ken68

Whatever happened to Giro, the Peoples Bank. Run by the Post Office, then sold to Alliance and Leicester.

pmduk

Why spend public money on investing in a post office bank only for some future government to sell it to santander for a quick profit?

JuicyJesus

BLT wrote: »

My sympathy is for the poor 'old biddies' who have gone through years of austerity bringing up their families, having to listen to some obnoxious fool chuntering impatiently behind them because he thinks he is better than them purely by dint of having been born in a more prosperous era.

I fail to see how that in any way counters my point that Post Offices should be primarily for the sending and receiving of mail, not financial transactions. All allowing banking to be done there does is complicate things and waste time for people who want to use the Post Office for its intended purpose.

ses6jwg

JuicyJesus wrote: »

I fail to see how that in any way counters my point that Post Offices should be primarily for the sending and receiving of mail, not financial transactions. All allowing banking to be done there does is complicate things and waste time for people who want to use the Post Office for its intended purpose.

I agree. I was on my lunchbreak a few months ago went into the post office to post a parcel - queued for half an hour behind 12 people and 8 or 9 of them were old farts getting £20 in cash out.

what a waste of resources.

pqrdef

JuicyJesus wrote: »

I fail to see how that in any way counters my point that Post Offices should be primarily for the sending and receiving of mail, not financial transactions.

Dunno since when. The Post Office Savings Bank started in 1861 and the paying of Old Age Pensions goes back to 1908.

It's mainly because of the pension that there are so many post offices. If they were only for sending parcels there would never have been anything like as many.