1000th fee-free ATM for Post Office UK

The Post Office® has installed its 1000th free-to-use automated teller machine (ATM) at a Rotherham Post Office® branch further cementing its commitment to be a universal provider of free cash access for its customers.

Customers have already withdrawn GBP 1.2 billion from Post Office® fee-free ATMs across the UK this year in 20 million transactions and have potentially saved up to a huge GBP 21million in fees levied by charging ATMs.

The new ATM was installed in Thurnscoe East Post Office in Rotherham.

The Post Office® and its financial services partner, Bank of Ireland, are committed to rolling out more free-to-use ATMs across the branch network. At the same time the Post Office® is withdrawing from its involvement with third party fee-charging ATM suppliers.

Ian Sadler, head of banking & payments, Post Office Ltd, said: “It’s great news that customers of 1000 UK Post Office® branches can now benefit from free access to their money using cash machines. This complements the free cash access service for 19 banks and building societies we offer over the counter at all UK Post Office® branches.”

“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.”

Mr Surti, subpostmaster at Thurnscoe East branch, said he has seen a dramatic rise in the number of people visiting the branch because of his new cash machine.

He said: “We previously had a fee-paying cash machine inside the office, but since the Post Office® ATM was installed on the outside wall, our cash machine transactions have increased more than ten-fold.

“More people are also doing business in the branch itself and the comments I’ve had from customers have been very positive, as it’s very convenient for them and, of course, free of charge.”

ATM transactions have increased from 105-140 per week to 1600-1700 per week as a result of the new ATM.