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Post Office to enter current account market

Post Office to enter current account market

Category: Banking

Updated: 11/04/2013
First Published: 11/04/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

The Post Office has announced it will be launching a current account this spring, broadening its range of personal finance products even further.

The account will initially be available in a small number of Post Office branches, before becoming more widely available next year.

Details of the account are yet to be issued, although the provider indicated that the product will deliver simplicity, transparency and value for money to its customers following "extensive" research into the current account market.

Describing the launch of the deal as "a further statement of its ambitions", the director of financial services at the Post Office, Nick Kennett, said: "This is very exciting news for the Post Office and we are absolutely delighted to announce that we are going to launch a current account.

"The Post Office is undertaking a significant transformation, providing more and more essential services to our customers across mails, government and financial services."

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