‘Lifeline’ agreement confirmed for millions who rely on branches for services after bank closures
Customers of the UK’s biggest banks and building societies will be able to continue to use Post Office counters to pay in and withdraw cash, after an important arrangement was renewed.
Following months of negotiations, the Post Office has announced that it will continue to offer basic banking services to most UK bank customers for a further three years. Had the negotiations failed, it would have left millions of people without reasonable access to cash withdrawals.