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Post Office Money is a financial services brand operated by Post Office Limited which provides credit cards, current accounts, insurance products, mortgages and personal loans to customers in the United Kingdom through Post Office branches, the internet and telephone.
The contract with the Post Office was to continue to be an exclusive one for a fixed period after privatisation. After privatisation, the bank expanded and opened a £9.5 million operations centre in Wigan. [10] The personal banking business of Girobank became part of the Alliance & Leicester Building Society.
Post Office Money, the trading name used by Post Office Ltd for its branded financial products, most of which are provided by Bank of Ireland UK. Sainsbury's Bank , owned by British supermarket company Sainsbury's .
Postal services in the United Kingdom are provided predominantly by the Royal Mail (and Post Office Limited which oversees post offices). Since 2006, the market has been fully opened to competition which has had greater success in business-to-business delivery than in ordinary letter delivery.
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 ...
National Savings and Investments was founded by the Palmerston government (following a suggestion by George Chetwynd, a clerk in the Money Order department of the General Post Office) [5] in 1861 as the Post Office Savings Bank, the world's first postal savings system. The aim of the bank was to allow ordinary workers a facility "to provide for ...
Japan Post Bank, part of the post office was the world's largest savings bank with 198 trillion yen (US$1.7 trillion) of deposits as of 2006, [22] much from conservative, risk-averse citizens. The state-owned Japan Post Bank business unit of Japan Post was formed in 2007, as part of a ten-year privatization programme, intended to achieve fully ...
The provision of Payday (HTSTC) loans is overseen by the UK's Financial Conduct Authority. FCA data sizes the UK market, in the twelve months to 2018, at 5.4 million loans per year. This is a significant reduction from in 2013, before FCA regulation of the sector, when the market was c. 10 million loans a year.
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