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Hsbc agree to its customers using Post Office network following Gov criticisms

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HSBC is to allow customers to use the Post Office counter network for basic transactions following criticism by the government.

 

Most UK banks, except for HSBC and Santander, allow customers to make withdrawals and deposits at post offices.

 

A previous consumer minister last year accused the duo of "holding out" against offering the service.

 

HSBC said that it was changing its policy owing to customer demand.

 

A year ago it had claimed that fewer than three in 10 of its customers actually wanted such access.

 

 

 

http://www.bbc.co.uk/news/business-19623327

Edited by Conniff

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They are afraid of the Post Office. the PO has said it intends to go into banking and it has more branches than all the banks put together, that would worry the banks as you can bet the PO will offer better rates than the banks.

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