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.