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Submit Workplace branches dealt with practically 40 million money transactions within the first three months of 2026, in what it stated was the best first quarter on document as households and companies continued to depend on cash and banknotes.
Some 39.8 million money transactions have been made throughout the first quarter of 2026, together with withdrawals and deposits, in line with the Submit Workplace’s “money tracker” figures.
Between January and March this 12 months, the variety of deposits amongst enterprise and private clients rose by 6% in contrast with the primary quarter of 2025, whereas the overall worth of money withdrawals additionally elevated 6%.
The Submit Workplace stated its information goes again to January 1 2020.
It stated {that a} notably robust March efficiency was pushed by households making ready for Easter and the college break, with holiday-related spending, journey and money withdrawals prone to have contributed to that uplift, alongside continued cost-of-living pressures shaping how folks finances and spend.
The common worth of a private money withdrawal within the first three months of 2026 was £139. This was a 7% improve in contrast with the identical quarter final 12 months.
The common worth of a private money deposit elevated by 2% to £297.
The Submit Workplace additionally stated that enterprise money exercise remained “resilient” within the first quarter of 2026, with money persevering with to play a reliable position for a lot of companies managing takings, money circulate and common banking wants by their native department.
Maggie Roberts, postmaster at Storth Submit Workplace in Cumbria, stated: “Money and banking companies make up round 75% of my enterprise and they’re extraordinarily necessary for the Storth neighborhood.
“A lot of our clients depend on us to have the ability to withdraw money, pay in cash and deposit cheques nearer to house. Round 60% of the village are retirees and they don’t wish to journey that far, so companies provided by a Submit Workplace actually matter. We additionally see a lot of native companies, in addition to neighborhood venues and church buildings, paying of their takings right here, which exhibits how necessary the department is to the broader village too.”
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The Submit Workplace has an settlement that enables clients of many banks to make on a regular basis transactions over its counters.
Ben Hunter Woollard, head of banking at Submit Workplace, stated: “These record-breaking figures present how necessary Submit Workplace branches stay for hundreds of thousands of individuals and companies throughout the UK who need handy, safe entry to money companies on their doorsteps.
“For households, with the ability to withdraw and deposit money at their native Submit Workplace could be a easy approach to keep on prime of spending, handle budgets and deal with on a regular basis funds with confidence, notably when household budgets are below strain.
“For companies, particularly smaller corporations, with the ability to deposit takings and entry money regionally stays a sensible a part of day-to-day buying and selling. Submit Workplace branches proceed to play an necessary position in communities by offering entry to the money companies folks and companies nonetheless depend on.”
