I bank with nationwide.i know I can get cash out from our local post office ( max£300 per day) but I wasn't told I can deposit money?!

Thanks OP. So I can bank a cheque via the post office using my debit card, is that correct?

Edit: Just checked, for HSBC, need paying in slip and envelope from post office.

Thanks OP, I wasn't aware you could pay in at the PO - this will save my legs a bit :thumbsup:

Strange coincidence this...wife asked this morning if she could bank at the Post Office. I said no...she's halfway into town.

Cheers for the info @fiestasteve44 ..i'll tell her its something new they brought in at 10am today :blush:

How long does it take to reach your account? Is it straight away or next day?

Thanks

It's been this way for the last 15 years at least.

The Co-Op bank supplies me with special envelopes to deposit Cheques at the Post Office, put cheques and paying in slip in envelope and they give you a receipt , job done nice and easy, saves a long trip to the bank. :grin:

:relaxed:‌ :relaxed:‌ :relaxed: yay

I'd be hard pushed to find a local post office with a shorter queue than local banks, but hopefully this helps some!

Most of our local Bank branches are closing, only this year we've had NatWest and Halifax close. This would make depositing cheques and cash in so much easier. I bank with NatWest and have been dreading depositing cheques as I'd have to go all the way to the next town.

Thanks op!

I feel worried for my local shop with a small PO- i paid in a couple of hundred quid the other week and noticed they put the money in a little wooden drawer. How many other people paid in cash that day i wonder? No security,flimsy little lock holding 100s or 1000s of pounds,no police around due to slimeballs in government- this all means the staff are exposed to dangers they shouldn't be.

I knew Barclays did this but it takes 2 more days longer than keeping a cheque with barclays branch. Cash deposit is
same day using branch and post office.

More info here. Click me
I just use the main Barclays branch. Long queues but within 30 seconds of teh branch is a great doner kebab place :heart_eyes:

Thanks this should save me a lot of trips.

If your banking a cheque ( Co-op bank anyway), you put it in a special envelope, it then takes ages to actually get get credited to your bank account.I much prefer to take it direct into the bank now.. Withdrawals are a good idea but my local PO has a cashpoint outside so no need to use the counter for that anyway.

Brilliant thanks for posting.

Is there a limit on deposits?

Seems many are stating it’s slow for cheques. Would be interested to know how long cash only takes to credit. May do a test run with Barclays and Halifax cards later.

What local Post Office? Most of then have closed or are closing. Some are reopening within Smiths or a Pub.

Another unintended consequence of the Evil EU whom classed the PO as having a monopoly and had to be opened up to competition, which then forced them to close and lay off staff!

For depositing money, you need a paying in slip and envelope for most banks:

Post Office Services

Some Banks will require you to have a paying in slip - a card on its own won't be enough.

I keep my HSBC account running solely for the purpose of paying in cash at the Post Office. I can't use my Ulster Bank, Nationwide or Tesco Bank cards to pay cash in. So I'm afraid this "ANY BANK" wording is wrong.

For Halifax Accounts you will need to Order a PO specfic paying-in book.

I’ve used this for Santander for years. There was a strange rule before that it was only for ex alliance and leicester customers, not abbey or Santander ones. Not sure if it still exists though. Money is in my account pretty instant.

Neat. I'm not elderly, but my nearest bank is quite a distance.

Nationwide can’t pay in at all I’ve tried and checked online

only certain accounts tho? I know Santander you can, but Halifax you cant, well that was the case a month ago. Unsure about other banks.....

Here’s the link from the post office website giving the details of the services available at the post office from each bank.

postoffice.co.uk/bra…ces

Alliance and Leicester took over GiroBank which, prior to privatisation, was connected to the Post Office.

Well that's 15 years experience over me. No idea of this.

thank you very much @fiestasteve44 this is really great information and would help my elderly mum out no end

quick question for anybody at all that knows please, reading through the thread a lot have talked about cheques BUT as far as just cash is concerned do you still need a slip and envelope for this as well ??? Thank you in advance for anyone that spots this.

What the... :neutral_face:

Negated by the long queue in the Post Office mind. :angry:

I knew you could pay money in at a PO but not withdraw, it was just selected banks you could pay money in.

Wow. Really. This will be handy for my parents as 2 of their banks have moved out of town now but still a post office. Thanks

Thats great to know. Im afraid i wasnt aware of this either . My bank has closed its branch near me( HSBC )which meant i had to drive for miles to the next one.

it now covers virtually all personal and business customers with a debit card

The EU didn't mandate the way or extent to which it was privatised, or that a state monopoly was privatised at all, just that postal delivery liberalised and opened up to competition. a lot of people in government saw a way to make a load of cash for them and their mates so jumped on it.

Can you pay cheques in?

Thanks very much op. I didn’t know you could pay money in via the post office either. That’s good to know. Heat from me. :laughing:

To add to this I've been paying cheques into my post office (TSB and Lloyds accounts) for the past couple of years as I've found they clear within 2 days compared to the 4 or so they seem to in branch

It's a pain in the ass as it is waiting behind people who bank with them asking to check their balance. This will just make it even more frustrating

NatWest our branch has closed .....You need paying in slip for both cash and cheque takes 2 days for cash and extra 2 days for cheques to clear.

TSB not Nationwide allow you to deposit cash at a post office

What’s the full address please? And roughly where abouts is the drawer located in the shop? A diagram would be lovely.

I just want to nip in to give them some security advice, and all this information would be useful.

‌ :nerd:



I joke, but in all seriousness they really should make sure they are securing cash to deter thieves and chancers - wouldn’t have thought you’d need to educate people on this! Comes with the territory in retail.

lol

My local Post Office is fine, in a village too, literally 2 minutes walk from my front door.

Maybe you just live in a crap hole.

Never banked a cheque but always use my local Post Office to deposit cash. It’s in my account before I leave the building.

Better yet they take change too. Unlike banks that limit how much you give them. So save 9% from using those top off change counters and bank it in the PO.

I bank with Santander but that shouldn’t make any difference.

You do know POs have been carrying large amounts of cash for years. It used to be the only source of benefit payments. That people would just take in cash.

Yes they should have better security but it’s always safer to hand cash over. CCTV is the deterrent and the other people in the building are safer for it.

I was thinking about a post office card. Can you use it with PayPal?

Don't expect cash paid in to clear straight away.. took 3 working days last time I did in 6m ago.. pretty rubbish unless you have no options

It takes 4 days for the cash to show in my account. I don't mind but you could get caught out. It's better than driv1ng 40 mins to the closest Natwest

Is that including Lloyds?

Yours might well join the long list of crap holes one day when you least expect it!

That's really good to know, thanks! I was saying to a Tsb bank assistant how inconvenient my local branch is for paying in... He never mentioned I could use post office instead!
I had a funny incident before with the withdrawals though... Went to Lincoln Xmas market last year, massive queue down the street for the atm outside the post-office. Went in the post office, no queue, got cash straight away

only found this out recently as my bank closed in my town

I am in the process of applying for a local PO counter in my shop.

If the shop is following proper procedures the money in the till on the shop floor is limited and the rest should be in a time locked safe. The risk to the staff is not appreciably greater than their normal cash handling through the shop.

It was one of my concerns but if it is all handled properly then it should not be a problem for the staff.

I am not sure about your local post office but it is definitely not how things should be handled from what you describe

Been putting money into my Santander account with debit card for awhile now! Saves me going in to town, paying for parking........

I love the Post office, wish all banks had queues like in there ;-)
(not sure if there are post offices without queues but where I live(d) the queues were LONG)

I'm sorry that's not true I have to use a paying in book to pay money into post office and it takes 3 working days to show on my account

I bank with hsbc and have been doing this for years but need a paying in book to deposit money into my account.

I'm gonna sound like a grumpy old man but I just cannot see how this is a "deal" :stuck_out_tongue:

why would i withdraw money though

Is that offer for business account as well? Or is it just for personal account?

HSBC accounts receive the cash in (almost) real time. Takes me about 5 minutes to walk back from our local Post Office and in every instance I can log on to online banking and the cash will the showing as credited.

debit card pay in does not work for lloyds,halifax,tsb

Pay in slip, is that the things at the back of a cheque book?

Doesn't work if you bank with M&S Bank, even though it's part of HSBC, I've been arguing with M&S for the past 18 months over it.

My local at the end of a shop counter is open 7am until 11pm at night. Can't pay Halifax cash in there though. Only cheques with correct stationary. There is another full service post office where I can pay both Halifax cash and cheques, but they cut hours down from 8am - 8pm to 6pm. Reason is all you lot have not been using this service. Wake up folks! Have you not seen the signs? Have you not read the information posted to you by your back. This is heat from me as the way it was going I could see services cut again because nobody is aware. I've been using post office to pay money in for a few years now. Note.. Get correct stationery which is free via post.

Be warned I've found only the minority of staff are capable of working out how to pay money into an account and only certain banks allow crediting accounts... Natwest for instance require you to use a paying in slip and this has to physically be posted to Natwest by the postoffice for the money to be paid in! so the money takes around 2-3 days to reach your account so unless your practically house bound (only able to get as far as the PO) it's quicker just to wait until your going further a field

Some credit unions offer paypoint cards so you can pay money in at corner shops etc. which is more useful

Yes. Plus you can get books full of them from bank. Order online, or phone. You also need your bank branded post office envelope.. Maybe.. Different banks, different systems. Post Office normally carry a few envelopes so go get one. Information on how to get more will be on the envelope

You get receipt for both cash and cheque. You must keep this. I use phone and take picture of it if I remember. I know it all looks a bit lax but so far no problems for me.

Go to a main branch.. Proper post office. Ask for barclays paying in envelope. Hopefully they will have one.. That will tell you what you need. How to get more.. Some smaller post office don't have full services.. I can't pay cash in at mine as I bank with Halifax, but I can cheques. I tend not to use the local branch and travel down the road for the full works. No problems there

Really helpful! Someone is sending me a cheque in the post. This will save me going to town. Thanks op

Don't know about paying-in slips maybe it's for cheques only but the post office near me don't bother with all that and credit cash instantly into my account

:grin: have you all been sleeping for years ? I’ve no bank nearby only a PO.

The Co-op Bank started this up in 2003/04 at PO and others followed suit.

Cash same day if you use card, cheques need a paying in slip and take an extra day or two (same with cash if you use a slip)

This is a game changer. I have been going into town (which I absolutely hate doing). Thanks so much for the heads up. Take my heat.

I'm with Nationwide and only ever been in-store once as it's a couple miles away , whenever I need money I usually have to mess about with my other accounts online and transfer , this is a life changer as local post office is only round the corner

Edit: Nevermind according to the table I can only withdraw and not pay in :disappointed:‌ :cry:

You don’t live in Stratford, do you? There’s a kebab place called German Doner Kebab which is about 30 seconds away from The Mall Barclays, which has the best tasting kebab I’ve ever had.

NOT any bank TSB and Halifax definitely aren't apart of this

Incorrect. Ask the bank or a diff post office if it’s isn’t playing ball.

Sorry mate but no one robs banks or post offices anymore. Not worth the agro for criminals. To much security notes, cctv etc. Don't get any ideas either millions of witnesses on hukd if your local post offices gets robbed.

Wow I didn't know this and I have a post office 100m from my house so this is really convinent.

No. This one is in Harrow (kebabland). Click me But I have looked at your place and added to my places to visit. Been to Stratford few times but never out of the station and this is close by, so will definitely visit. Cheers for the recommendation :sunglasses:

Only cash or works with cheques too?

I wonder if the post office receive coin as well ??

Many banks will only receive coin if you have a large number of coin put in the small plastic pouch so they do not need to count it, but just need to weight it.

If you just have say 30x1p, 15x2p, 10x5p and 10x£1 has anyone tried it and they accept it ??
Once I give them a lot number of 1p and 2p coins to buy the stamps, they are not happy with that.

I deposit every week upto 600 in one go at my post office because clydesdale has no branch here but not all banks allows it

I also pay cash bi weekly. If you have HSBC you don't need a pay slip. It is a swipe of the card. Not even pin!!!

I have then checked my online banking whilst standing in the PO and it is in my account instantly.

HSBC rules. The other banks require pay slips and they're not instant apparently

Good to know, thanks for posting.

Oh fantastic, another thing that will hold me up for 30 minutes at the Post Office when all I want to do is POST something.

I have paid in via the post office for years since my local branch of NatWest closed down. The post office just put it in an envelope and post it

You and the other little englanders are going to suffer the most via brexit, fun times ahead.

COOP Bank can withdraw and deposit. Not sure about any other.

I need special envelope to pay in at post office. can't just use my card. stop lying

​2 days plus

I am fine they accept deposit and withdrawal for my banks
Heat....heat
‌ :thumbsup:

Takes 3 days to process

No big deal

Most Post Offices allow cheque and cash deposits, balance enquiries plus withdrawals. The main players include:
Bank of Scotland,
Barclays, 
First Direct, 
Halifax, 
HSBC, 
Lloyds Bank, 
Nationwide Building Society,
NatWest, 
Santander, 
The Co-operative Bank,
The Royal Bank of Scotland, 
TSB Bank, 
Virgin Bank 
Yorkshire Bank

How much can you take out and how much can you pay in what is the maximum transaction can you make each time

Excellent

Probably previously mentioned but I thought i'd relay my recent experience using the advice from this post. Our local NatWest has been closed. It was probably one of the oldest banks in Leytonstone.

I went to the local post office to try out the above. The first teller gave me a NatWest envelope, where I was required to fill in the account no. and sort code and place the cheque in the envelope and hand it in to the post office. I was not very confident in this, so after filling in the details on the envelope I went to another teller and asked him what i should do with the cheque, now that i had filled in the envelope? To which he advised that i need a NatWest paying in slip!

Today I went into a NatWest branch (near my work place) deposited the cheque and asked them if I could have some paying in slips. I was advised that they no longer have paying in slips!