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Cash machines for post offices

Struggling post offices in the UK’s poorest communities are to receive a boost with the installation of 100 free-to-use cash machines.

The National Federation of SubPostmasters has welcomed the move by the Royal Bank of Scotland, and is approaching subpostmasters in deprived areas to see if they would agree to install a free-to-use cash machine. 100 cash machines have been initially earmarked for sub post offices, and this number could rise if there is enough demand. The machines will be installed and maintained free of charge.

Colin Baker CBE, General Secretary of the National Federation of SubPostmasters, said: “We are delighted to be able to help potentially several hundred members of the National Federation of SubPostmasters to benefit from the installation of a free, non-fee charging cash machine in their post offices. We know that customers in turn appreciate easy and ‘no charge’ access to their cash. “The Federation is committed to maintaining a strong and thriving network on behalf of our members and this initiative will help achieve that commitment.”

The possible closure of post offices has become an important issue in both rural communities and inner cities where customers struggle to access services. Post offices have been losing much needed income as services such as television licences and car tax become available online.

Gordon Pell, Chief Executive of Retail Markets at RBS, said: “Lack of free access to cash can badly affect the most vulnerable people in society. Having a free-to-use cash machine close by can make a real difference to the elderly, disabled and those living on a very low income. “The sub post office network covers many of the UK’s most deprived communities. “Free-to-use machines in these areas will bring benefits to both local residents and subpostmasters’ businesses.”

This was posted in Bdaily's Members' News section by Ruth Mitchell .