http://www.guardian.co.uk/business/2008 ... ccount-dwp
The Post Office is considering introducing a basic current bank account in the wake of its successful tender to keep its card account.
The Post Office offers a savings account in conjunction with the Bank of Ireland, which would be seen as a natural contender to be a partner if the new venture gets off the ground. Post Office's parent company, Royal Mail, declined to comment yesterday.
This month the Post Office was awarded the successor to its card account, through which more than 4 million people are paid benefits and pensions. The account is vital to the Post Office. Not only does it earn revenue for the business but it brings in potential customers to the retail businesses that sit alongside sub-post offices. It also allows those collecting benefits and pensions to use the Post Office's branch network rather than having to visit high-street banks.
Introducing a basic bank account alongside the card account could make it cheaper for the Department for Work and Pensions to pay benefits while still allowing recipients to use the Post Office network.
A new current account would mark a further move in the Post Office's drive to increase the number of financial services it offers as it attempts to compensate for the loss of other work. It would help to underpin the network's social importance in rural and deprived urban areas.
The network is coming towards the end of a programme of 2,500 branch closures, leaving a network of about 11,500.
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Post Office may follow tender success with current account
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TrueBlueTerrier
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Post Office may follow tender success with current account
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POSTMAN
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Post Office may follow tender success with current account
A basic current bank acount from the Post Office,now where have i seen that before. 
I Wrote-During Covid-Which is still relevant now
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
It's good to get these types of threads, the ridiculous my manager said bollox, so we can reassure ourselves that while the world is falling apart, Royal Mail managers are still being the low-life C***S they have always been.
My BFF Clash
The daily grind of having to argue your case with an intellectual pigmy of a line manager is physically and emotionally draining.
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Lounge Lizard
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Post Office may follow tender success with current account
Welcome back National Girobank. 
If it's a success the next tory government will be sure to sell it off to a bank.
If it's a success the next tory government will be sure to sell it off to a bank.
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DGP1
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Post Office may follow tender success with current account
But the Post Office didn't win the tender for the card account, the tendering process was called off by the government because of the economic situation. 
I'm preparing myself for the zombie invasion, rule number 1 - Cardio
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Big Daz
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Post Office may follow tender success with current account
disgruntledpostie1 wrote:But the Post Office didn't win the tender for the card account, the tendering process was called off by the government because of the economic situation.
Thank goodness somebody else has seen through the governments little charade and attempt to hood wink us.
And lets not forget that the private bidders are being compensated.
How long untill the next general election, 18 months? Me thinks James Purnell is starting to worry about his ministerial salary!