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Are you talking about the US post office? The post office in France already offer banking. It's mandated by law as a public service and they can't reject custo
by user5994461 7y ago
Are you talking about the US post office?
The post office in France already offer banking. It's mandated by law as a public service and they can't reject customers. It doesn't offer the more complex products or investments though, it ain't their purpose.
Not sure about the UK post office. Seem to offer a lot of banking services and cards, but it says it doesn't do current accounts anymore.
- jonny_eh 7y agoYes, the article was about the US.
- dboreham 7y agoThe UK Post Office did offer banking. Not sure if it survived Thatcher..
- Milner08 7y agoThey offer some things now (deposits, travel cards, etc), but I am not sure they offer actual accounts anymore.
- jermaustin1 7y agoAccording to their website, they still offer almost everything a traditional bank does. Including personal loans, and mortgages [1]. 1: https://www.postoffice.co.uk/money https://www.postoffice.co.uk/money
- makomk 7y agoA lot of that is just rebranding of services offered by one of the normal, traditional banks though.
- notJim 7y ago> they can't reject customers This would be a huge thing in the US, where poor people cannot get bank accounts, and end up needing to use predatory paycheck cashing providers who take huge fees instead.