Post Office commits to more free cash machines

23 June 2006

The Post Office has announced that it is to add 500 more free ATMs onto its planned roll-out of the machines in its branches.

It had planned to introduce 1,000 cash machines into offices over the next five years, but has upped the figure in order to boost its commitment to providing free cash machines to its customers.

It is also withdrawing from any involvement with third-party fee-charging ATM suppliers.

"The expansion in free-to-use ATMs in Post Office branches complements the free cash access service we offer at the counter on behalf of 19 banks and building societies," said Alan Cook, managing director of the Post Office.

"More than one million free cash withdrawals are made every day at the Post Office, making us the largest, free-to-use cash network in the UK. 

"But we want to do more - our goal is to be able to offer every one of over 25 million customers who visit us every week access to their cash free of charge."

The fist machines were installed in October and have proved to be very popular.

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