Everyday banking | Help and support (2024)

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You can access everyday banking services from lots of banks at Post Office branches. Please contact your bank for help or questions on access to their specific services. You’ll find answers to general questions about banking at Post Office below.

Common banking questions

  • Cash withdrawals

  • Cash deposits

  • Cheque deposits

  • Change giving

Cash withdrawals

  • The amount you can withdraw in a Post Office branch will depend on any withdrawal limits in place on the specific account you hold with your bank. If you’re unsure, please contact your bank directly to check.

  • To find out if your bank allows cash withdrawals in our branches, check our list of partner banks for personal and business accounts.

  • You can access cash withdrawals at all Post Office branches.

    You can locate your nearest branch with our branch finder tool.

  • No charges are taken at the counter however some banks may charge.

    For details, please check directly with your own bank.

Cash deposits

  • Your daily cash deposit limit is set by your bank. Please contact them directly to check this.

  • No charges are taken at the counter however some banks may charge for this service.

    Please contact your bank directly to check if they do.

  • Cash deposits made using a card will normally show in your account on the same day.

    Cash deposits made using a deposit slip will normally show in your account the next working day.For further details please contact your bank directly.

  • Please retain your receipt and raise this directly with your bank.

Cheque deposits

  • To deposit a cheque, you’ll need to bring the following to your nearest branch

    • The cheque
    • A completed deposit slip from your bank, if applicable. Please contact your bank to request paying-in slips as these are not held in Post Office branches
    • A cheque deposit envelope for your bank (these are available from your own bank or the majority are stocked in Post Office branches)

    Please do not enclose cash. Full instructions can be found on the cheque deposit envelope.

    Simply hand over your sealed cheque deposit envelope to the Post Office who will provide you with a receipt for your cheque deposit envelope. Check our everyday banking information page and click your bank for more details.

  • Cheques are normally processed as soon as they’re received by your bank. Please check directly with your own bank about their own processing times.

  • Unfortunately, we can’t give you any information on delays to cheque clearance as this process is performed by your bank. Please contact your bank. Your cheque deposit envelope or receipt (if contact details may be on envelope or receipt) may show your bank's contact details.

Change giving

  • If you’re a business banking customer and you regularly need to exchange cash for coins, you can do this at the Post Office with selected banks using our Change Giving and Change Giving “Lite” services.

  • The service is available to business banking customers who bank with selected banks. To find out if your bank operates this service, go to our everyday banking information page and select your bank.

  • If this is a service your bank offers, please contact them directly to sign up.

  • If you’ve registered for the Change Giving service, you shouldn’t be refused change at your nominated Post Office branch.

    You may have been refused if you’re not signed up to this service. If you’d like to do so, contact your bank directly to find out whether they offer the service and how to sign up.

    If you’ve signed up but aren’t using your nominated branch, it’s at that branch’s discretion whether they have enough change available to fulfil your request.

    To get more information about your bank’s services and Change Giving, contact them directly.

  • Other sections:
  • Cash withdrawals
  • Cash deposits
  • Cheque deposits
  • Change giving

Get in touch about banking services

At Post Office, we offer in-branch access to our partner banks' services.We don't offer current accounts of our own.

For all banking enquiries

Please contact your bank directly for all enquiries about opening an account, services available in branch and specific transactions.

Everyday banking | Help and support (2024)

FAQs

What is meant by everyday banking? ›

Your everyday account. The account that you put your money into, and get given a debit card to use for every day purchases.

What did Bill Gates say about banking? ›

In the mid-1990s Gates—now a billionaire worth $149 billion per the Bloomberg Billionaires Index—didn't appear to hold banks in especially high esteem. He reportedly said banks were “dinosaurs” that could be bypassed, and added that while “banking is necessary, banks are not.”

How much can you draw out at the Post Office? ›

You can withdraw up to £300 a day from your current account at the Post Office. You'll need your debit card and PIN.

Is there a 24 hour customer service number for Regions Bank? ›

What is everyday business banking? ›

The EveryDay Business account is an account with no monthly fees, where many day-to-day banking transactions are free and there are low charges for other transactions, so you always know what banking with us is going to cost you.

What is an everyday checking account? ›

The Everyday Checking Account is a simple checking account with no minimum balance requirement an no monthly fees.

Do billionaires use banks? ›

Ultra-high-net-worth individuals (UHNWIs) need checking accounts that are equipped to meet their unique wealth management needs. Many ultra-high-net-worth individuals choose to conduct their banking at the same institutions that are frequented by average consumers.

What bank does Bill Gates keep his money? ›

4 The majority of his financial assets are held by Cascade Investment LLC, an entity controlled by Gates to manage his investments. 5 Although Cascade is not a public company, some of its investment activity must be disclosed to the Securities and Exchange Commission (SEC).

Do we need banks anymore? ›

Key takeaways. You may not need a bank to manage your spending and saving anymore. There are multiple options that could fit your needs and priorities. Banks are still great for loans, and most have locations for in-person transactions and customer service.

Why do banks ask why you are withdrawing money? ›

Withdrawals over $10,000 may trigger Anti-Money Laundering and Terrorism Financing red flags and cause the bank to ask questions about your cash. These should be pretty easy to answer and leave with your money. For withdrawals under $10,000 there is less reason for the bank to want to know why you want your own cash.

How much money can you put in a bank without questions? ›

Banks must report cash deposits of $10,000 or more. Don't think that breaking up your money into smaller deposits will allow you to skirt reporting requirements. Small business owners who often receive payments in cash also have to report cash transactions exceeding $10,000.

Can a bank refuse a large cash withdrawal? ›

In some instances, we may decline the cash withdrawal based on the information provided surrounding the transaction. This would only ever be in situations where we need to safeguard our customers.

What is the region bank scandal? ›

Some of the traceable fraudulent funds were used to make loan payments on personal items such as a house and a car. Through his scheme, Schouest misappropriated more than $250,000 from Regions customer bank accounts.

What is the daily limit for Regions Bank? ›

Yes, your daily ATM withdrawal limit is $808; you as the business owner can set the daily limit for each of your employees. The combined total of these limits should not exceed your account's $808 daily limit.

Is Regions Bank having problems today? ›

User reports indicate no current problems at Regions Bank.

What does everyday account mean? ›

An EveryDay Account gives you way more for less. You don't pay to have an account with us, you only pay for banking you use (and even then we keep these charges super low).

What does banking mean slang? ›

Here's the Urban Dictionary definition of banked : when one person is assulted or beat up by multiple persons. this is the term in Baltimore. they banked me for my chain when i got off from work.

Is everyday account same as current account? ›

You can still use online and mobile banking free of charge with most basic bank accounts. Standard current accounts, sometimes called 'everyday current accounts', will not charge you for everyday banking if you stay in credit. Packaged current accounts often come with a monthly fee, but also provide other benefits.

What is the everyday account good for? ›

Everyday account: A deposit account in which your money is available for day-to-day transactions. Transfer: When you give the bank instructions to move money from one account to another account, e.g. to move money from your savings account to your everyday account.

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