Banking at the Post Office - here's what you need to know

Zanderman

A_Nice_Englishman wrote: »

I've read through the thread again and nobody has said they use Post Office banking services frequently or that they are an essential lifeline for them. I thought people would, actually.

If you dispute my figures please say why and give your alternatives.

What conclusions do you draw from the evidence in the thread?

Sigh...

The thread is not about whether or not the PO is indispensable.

Neither is it about statistics. You're trying to make it that.

It's simply a discussion about the PO's banking facilities.

The obvious conclusion to draw from the recent discussions with you (which are actually mostly off-topic and should have ended days ago) are that you suggest cheques are a minority thing that is archaic and expensive, but others say they and institutions need to use them. Also that banks are continuing to support them and developing new ways to process them. So what if they are only used by a minority? End of story.

If you really want a full discussion about 'your figures' why not start a thread about it?

(now look what you've done, you made me post in this thread again when I had resolved not to)

A_Nice_Englishman

Zanderman wrote: »

Sigh...

The thread is not about whether or not the PO is indispensable.

Neither is it about statistics. You're trying to make it that.

It's simply a discussion about the PO's banking facilities.

The obvious conclusion to draw from the recent discussions with you (which are actually mostly off-topic and should have ended days ago) are that you suggest cheques are a minority thing that is archaic and expensive, but others say they and institutions need to use them. Also that banks are continuing to support them and developing new ways to process them. So what if they are only used by a minority? End of story.

If you really want a full discussion about 'your figures' why not start a thread about it?

(now look what you've done, you made me post in this thread again when I had resolved not to)

We got on to cheques because paying them in is one of the banking services the Post Office offers.

Unsubscribe if you're not interested. Or say something else about P.O. banking services we can discuss.

If nobody posts the thread will die a natural death anyway.

its_all_over

Zanderman wrote: »

Sigh...

The thread is not about whether or not the PO is indispensable.

Neither is it about statistics. You're trying to make it that.

It's simply a discussion about the PO's banking facilities.

The obvious conclusion to draw from the recent discussions with you (which are actually mostly off-topic and should have ended days ago) are that you suggest cheques are a minority thing that is archaic and expensive, but others say they and institutions need to use them. Also that banks are continuing to support them and developing new ways to process them. So what if they are only used by a minority? End of story.

If you really want a full discussion about 'your figures' why not start a thread about it?

(now look what you've done, you made me post in this thread again when I had resolved not to)

Well said, and that's a spot on summation.

SnowTiger

The Post Office has created a newer page better showing what services are available for which bank.

Old page here: https://www.postoffice.co.uk/branch-banking-services

New(er) page here: https://www.postoffice.co.uk/everydaybanking

Surprisingly, Nationwide is still lagging behind other 'banks'.

One thing that doesn't appear to be mentioned is how long it takes for deposits made at a Post Office to reach an account. Is it immediate?

d123

SnowTiger wrote: »

.

One thing that doesn't appear to be mentioned is how long it takes for deposits made at a Post Office to reach an account. Is it immediate?

Cash deposits on the accounts I use (Halifax and Starling) are immediate.

With Starling the notification pops up on my phone before I have even had time to pull my card out of the reader.

[Deleted User]

boo_star wrote: »

When you find one there's usually a short queue that takes an unreasonably long time to deal with.

This over and over again. This is my definition of the post office.

d123

Luxchr wrote: »

This over and over again. This is my definition of the post office.

Strange, I use the Post Office at least twice a week, and not always at the same branch and it’s quite unusual to wait for more than 10-15 minutes even at busy times.

BrownTrout

I thought cash deposit for Halifax at PO were next working day

d123

BrownTrout wrote: »

I thought cash deposit for Halifax at PO were next working day

Paying in cash and cheques

Paying in cash

You can pay in both notes and coins at a Post Office® counter.
Different types of Post Office® branches have differing maximum cash deposit limits - you should check the limit at the Post Office® you intend to use.

Paying in cash using your Debit card

You can use a valid debit card for the account that you want to pay cash into.
Your deposit will be counted and once the receipt has been issued, the money will be applied to your account immediately.

https://www.halifax.co.uk/banking-with-halifax/post-office/

BrownTrout

That's a recent change then as had to use a slip last year
Although was only to get rid of.old £1 coins