The Post Office has signed a new five-year agreement with Cash Access UK to continue operating banking hubs across the UK.
The organisation, which already operates 200 banking hubs, says it will play a central role in delivering on the government’s ambition to have 350 banking hubs operating by the end of this parliament.
Post Office branches, alongside banking hubs, are increasingly becoming the only place for many local communities and small businesses to do their everyday banking as bank branches continue to close across the country.
The five-year contract started on 1 January 2026 and coincides with the start of the Post Office’s new Banking Framework agreement with 30 of the UK’s largest banks and building societies.
Ross Borkett, financial services director at that Post Office, said: “Access to cash in the UK has and always will be underpinned by the Post Office network.
“I’m delighted that this agreement renewal with Cash Access UK ensures our long-term commitment to work together as we and our postmasters continue to play an important role in delivering on the government’s commitment to have 350 operating banking hubs by the end of this parliament.
“We believe there’s scope for many more banking hubs to be opened and operated by our highly experienced postmasters, who already provide access to cash to customers every day in their post office branches.
“Postmasters are at the heart of their local communities, offering outstanding service, and are the natural partner to operate banking hubs given their expertise when it comes to providing face-to-face everyday banking services.
“This new banking hub agreement, alongside our new wider agreement with the banks, both of which come into effect on 1 January, safeguards the UK’s access to cash for the next five years.”