Post Office makes access to cash products available faster to help self-isolating individuals

Post Office is making two of its products, Payout Now and Fast PACE (a pre-authorised cheque encashment service) available to all UK’s banks, building societies and credit unions. The move is so they can be offered to any of their customers who are most in need of access to cash simply and speedily.

The improved services mean that self-isolating or vulnerable citizens affected by the coronavirus pandemic can now contact their financial institution and arrange to withdraw cash quickly from their normal accounts through any local Post Office branch, with the help of a friend, family member, carer or local support worker. 

Source Article

Frederic M. Kolodziej

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