Drawing Money Out At The Post Office

[Georgiesmum]

A friend told me this week that she heard on the television that from next January, people wont be able to draw cash over the counter at the Post Office. Is this true? If so what are your thoughts on this? Im sure it will affect a lot of people especially with so many banks having closed.

[CrapAtCryptics]

It starts in January.

[Jackdaw33]

I remember the days when banks were open only from 10 - 3. You had to queue up, especially at lunchtime, to cash a cheque. Much easier now.

[Buenchico]

The vast majority of Post Office branches have free-to-use cash machines in them, so Barclays customers will still be able to obtain cash from a Post Office.

[Buenchico]

>>> I remember the days when banks were open only from 10 - 3

Yes, when I was a kid my father went to the Trustees Savings Bank in Ipswich to draw out his salary. The reason he banked with the TSB, rather than with Barclays, Midland, Westminster, Lloyds, etc, was that the TSB was the only bank that opened on Saturday mornings.

We might moan about customer service (or the lack of it) these days but it wasn't a priority for many businesses in the past either!

[hc4361]

Your father must have had a very good job, Buenchico, most people got paid cash in little brown envelopes.
Today nearly every employee and pensions and benefit recipient is paid directly in to a bank account, making accessibility to their cash in their account essential. We don't live in a cashless society yet

[ummmm]

It's not just supermarkets that give cashback.

[hc4361]

In my experience most small shops are happy to give 'cashback'.

[Jackdaw33]

The TSB used to be just that, a savings bank - no current accounts or cheque books. It was used by those who did not have current accounts with other banks.

[Buenchico]

>>> Your father must have had a very good job, Buenchico, most people got paid cash in little brown envelopes

He was quite possibly the person who put money into those little brown envelopes, Hc4361, as he worked in the wages department for Fison's Fertilisers (eventually rising to hold the post of Senior Project Accountant, despite holding no formal qualifications in accountancy). I don't think that it was particularly unusual, even in those days, for white collar workers to be salaried (with their pay going straight into a bank). It was generally blue collar workers who were paid weekly in cash.