Bank on the Post Office to manage your money

in Money Affairs, Post

The Consumer Council has found that almost half (49%) of Northern Ireland consumers are unaware Post Offices offer personal banking services. With a number of Ulster Bank branch closures pending across Northern Ireland, we are encouraging consumers to consider their future banking arrangements.

Maeve Holly, Senior Insight Officer at The Consumer Council, advises: “Many consumers are unaware of the banking services provided at the Post Office. Most banks now offer access to current accounts through the Post Office, providing an alternative way of banking. Banking services can also include withdrawing or depositing cash and cheques. Check with your bank or your local Post Office to see what services are available.

“Ulster Bank customers who have not yet considered making alternative arrangements should contact Ulster Bank directly to discuss their options, and raise any concerns they may have, before the branch closes.”

To find out what banking services are available at your local Post Office visit www.postoffice.co.uk/branch-banking-services

The Consumer Council has produced a range of resources to help consumers explore alternative options, including a current account price comparison table and regional maps highlighting alternative financial services available in towns experiencing branch closures. To access The Consumer Council’s online resources visit www.consumercouncil.org.uk  or contact 0800 121 6022 to receive a printed copy. 

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