Barclays u-turn over decision to halt Post Office cash withdrawals welcomed

Clwyd West AM Darren Millar has welcomed news that Barclays has upturned its decision to stop allowing customers to withdraw cash from Post Offices.

When Barclays first announced its plans earlier this month, Darren criticised the move and sent a letter to the Bank urging it to reconsider its position.

The decision to stop cash withdrawals at Post Offices from January  was also slammed by customers.

Barclays had been the only one of 28 banks and building societies not to fully sign up to a Post Office agreement enabling anyone with a UK bank account to undertake a wide range of banking transactions at post offices,

Welcoming the u-turn, Darren said:

“This is absolutely fantastic news which will come as a great relief to many of my constituents who were extremely concerned about the planned changes.

“Millions of customers of UK banks rely on these vital services so it is great they are to be safeguarded.

“With over 930 branches in Wales, the Post Office is ideally positioned to provide everyday banking services for individuals and businesses. Post Office branches remain at the heart of communities across the UK, including those where bank branches no longer exist.  Millions of customers of UK banks rely on these vital services – I am told that more than a quarter of people (28 percent) have withdrawn cash at their local Post Office in the last year. When all other Banks had agreed to continue allowing cash withdrawals at post offices, I could not understand why Barclays had not.

“I would like to thank Barclays for listening and acting on the concerns put to them and recognising that the Post Office is a network valued by many communities in the UK today.”