Open date: 02 Dec 2009
Closing date: 24 Feb 2010
This consultation sets out what the Post Office already offers in terms of financial services; it draws comparisons with Post Banks around the world; and it sets out the Government’s vision for Post Office banking and the values that should underpin it. In addition, the consultation puts forward a number of proposals for new financial products that the Post Office could offer.
Areas for consultation
This consultation sets out what the Post Office already offers in terms of financial services; it draws comparisons with Post Banks around the world; and it sets out the Government’s vision for Post Office banking and the values that should underpin it.
In addition, the consultation puts forward a number of proposals for new financial products that the Post Office could offer. These include:
- A Post Office current account
- A Children’s Savings account to encourage saving at the Post Office from an early age
- New services for small businesses including a Post Office business account
- A weekly budgeting account to allow those on low incomes to take advantage of direct debits and reduced bills
Visit the Post Office Banking consultation website
