Whether you’re sending money to family, giving a wedding gift, buying a house abroad, or just paying a bill, the Post Office's International Payments service is a safe, quick, and cost-effective way to transfer money abroad.
It costs you nothing to transfer your money. The Post Office guarantee no transfer charges, no commission fees and no overseas bank receiving fees. If you’re charged receiving bank fees just send them a copy of your bank statement as proof of payment and they’ll give you a full refund.
You’re transferring money with someone you can rely on. The Post Office is a member of SWIFT which is the world’s largest payments and settlements network so it's systems are highly secure.
The Post Office credit cards offer all the features found in a normal credit card, and more.
As well as some great introductory periods on balance transfers and purchases, the Post Office give its customers additional interest free periods on the first and second anniversary from when the account was opened.
The Post Office credit cards also offer commission free purchases when using your card for purchases abroad and lower interest rates on big purchases.
You also get all the features you would expect to see such as interest free days, fraud protection, and a helpline available 365 days a year.
The Post Office offer a range of savings accounts designed to help you to save whilst allowing you to relax and know that your money is in the right hands.
Whether you're looking to save towards a new car, or put your children through university, The Post Office savings accounts can offer a package to suit you.
With access through over 12,000 Post Office branches, by post, by phone, online or at over 60,000 ATMs nationwide, banking is made easy.
Post Office ISA's provide a great place for you to get a simple tax-efficient account to build up your savings faster. An ISA should always be the first place to consider, as unlike regular savings accounts, Individual Savings Accounts allow you to earn tax-free interest, and you can add up to £5,340 into your account every year between April 6th and April 5th.
Opening a Post Office ISA is easy and you can get started with as little as £1. You must be 16 or over and a UK resident to qualify for a UK ISA. You can access your money whenever you need it. However, if you withdraw from your funds after you have used up your yearly allowance you can’t pay in any more, so it is recommended that you open an ISA and leave your funds to grow.
You can pay money into your ISA at an Post Office branch or by post. If you need to make a withdrawal your can do so by writing to the Post Office. You will either be issued a cheque by post or have it paid into an account. You cannot withdraw money at a Post Office branch.
The post office offer a range of savings accounts to help savers make the most of their money. The post office fixed rate bonds come with a range of terms so you can choose how long you wish to lock your funds away for while choosing a rate that works for you.
The Post Office bonds also come with the option to have interest paid monthly rather than on maturity allowing you to generate a monthly income from your account.