La Poste launches campaign to “save our money”
Post fights to save money as eight million people say they would struggle without coins and bills
Customers of all major banks can currently withdraw money at 11,500 post offices across the country
La Poste has launched a campaign to “save our money”. About eight million people say they would have a hard time without cash, while 1.4 million do not have a bank account.
More than half of the small businesses that accept coins and banknotes deposit at least once a week.
But with who ? with figures showing that 4,188 bank branches have closed since 2015, access to cash is declining at an alarming rate.
Customers of all major banks can withdraw money at the 11,500 branches of the Post.
But postal bosses say the “short-term” nature of the three-year deal means it is “inherently fragile.”
They say High Street banks and building societies should instead be legally obliged to provide access to cash, and that there should be a single regulator to oversee the matter.