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Post Office Savings Bank became National Savings Bank in 1969, later renamed National Savings and Investments (NS&I), an agency of HM Treasury. While continuing to offer National Savings services, the (then) General Post Office , created the National Giro in 1968 (privatized as Girobank and acquired by Alliance & Leicester in 1989).
The Post Office bought land on the site of sidings of the North Mersey Branch railway. It also built a large, purpose built office and data processing complex for the site, completed in March 1968. [6] The National Giro was the first financial institution in Europe, and probably the world, to be established from the outset to be fully ...
Post Office Savings Bank is a name used by postal savings systems in several countries, including: New Zealand, later renamed the PostBank; United Kingdom, later renamed the National Savings and Investments; Singapore, later renamed POSB Bank; Kenya, also known as the Kenya Post Office Savings Bank; Austra, also known as the Österreichische ...
The Post Office had long been an agent for National Savings and Investments (NS&I), which was originally the Post Office Savings Bank but is now a wholly separate institution. From November 2011, only Premium Bonds could be bought in Post Offices, but the 156-year relationship ended in August 2015 when Premium Bonds became the final NS&I ...
The Post Office (Banking Services) Act 1976 (c. 10) was an act of the Parliament of the United Kingdom. The act gave the Post Office greater power to provide banking services . It also opened up the market between Giro systems and banks for transfer services on behalf of the Treasury.
Pages in category "Postal savings system" The following 41 pages are in this category, out of 41 total. ... Post Office Money; Post Office Savings Bank (New Zealand)
Post Office Limited, formerly Post Office Counters Limited and commonly known as the Post Office, is a state-owned retail post office company in the United Kingdom that provides a wide range of postal and non-postal related products including postage stamps, banking, insurance, bureau de change and identity verification services to the public through its nationwide network of around 11,500 ...
The General Post Office (GPO) [1] was the state postal system and telecommunications carrier of the United Kingdom until 1969. [2] Established in England in the 17th century, the GPO was a state monopoly covering the dispatch of items from a specific sender to a specific receiver (which was to be of great importance when new forms of communication were invented); it was overseen by a ...