Post Offices: Bank Services
The question
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential merits of enhanced Post Offices providing (a) affordable and (b) community-based access to (i) cash and (ii) face-to-face banking services in rural areas where banking hubs are not considered viable.
Answered by Blair McDougall
I welcome the introduction of enhanced Post Offices in suitable areas, demonstrating Post Office continuing its vital role as an important alternative to bank branches in providing convenient in-person cash and banking services.
The Government would welcome further collaboration between Post Office and the banking sector on a commercial and voluntary basis. Together with the Economic Secretary to the Treasury, I plan to co-chair a roundtable with the Post Office and key banks shortly which will provide an opportunity to discuss where future potential collaboration may be in the interests of both parties.
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