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Post Office Secures Five-Year Deal to Protect Banking Services Nationwide

The new agreement with 30 UK banking groups guarantees in-branch cash services and increased postmaster support through 2030.

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Overview

  • The Post Office has announced Banking Framework 4, a five-year partnership with 30 banks and building societies, effective January 2026 through December 2030.
  • The deal ensures continued access to cash withdrawals, deposits, balance checks, and cheque deposits at Post Office branches across the UK.
  • Postmasters will see improved remuneration for handling banking transactions as part of the agreement, supporting their livelihoods and operational stability.
  • Significant investments in automation will modernize in-branch cash services, reducing costs and enhancing efficiency for postmasters and customers.
  • Major participating banks include HSBC, Lloyds Banking Group, Barclays, NatWest Group, Santander, and Nationwide, among others.