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The Post Office Money Card was a prepaid MasterCard that was available in Pound Sterling and was issued by R. Raphael & Sons plc. This card was withdrawn in January 2017. [6] A Post Office Travel Money Card in a range of foreign currencies is also available, issued by First Rate Exchange Services Ltd. [7]
Crucially, though, you could be losing a slice of cash every time you use your normal UK bank card abroad. For most mainstream UK credit and debit cards, banks charge just under 3 per cent ...
Most Post Office Money branded products are provided by Bank of Ireland (UK) plc with Post Office Limited acting as an appointed representative and credit broker. However, with the sale of the Bank of Ireland's UK assets to Jaja Finance in 2019, [58] Post Office branded Credit Cards are now issued by Capital One UK. [59]
On 31 December 2019, Travelex took its UK and international websites and mobile apps offline following a reported cyber incident [17] an action that also affected a number of large corporate third parties to whom Travelex provided a white-labelled travel money service [17] including the online travel money services of supermarket chains such as ASDA, Tesco and Sainsbury's, of which Travelex ...
It discontinued the card in October 2007. A number of other financial companies went on to issue stored-value or pre-paid debit cards containing several currencies that could be used like credit or debit cards at shops and at ATMs, mimicking the traveller's cheque in electronic form. One of the major examples is the Visa TravelMoney card. [7]
Ireland. In Ireland, An Post provide a Post Office Savings Bank Deposit Account. It provides an interest rate of 0.15% which is added to the account at the end of the year. Customers are provided with a physical deposit book and can deposit and withdraw from the account using the deposit book at any Post Office Branch.
The Royal Mail Group Limited, trading as Royal Mail, is a British postal service and courier company. It is owned by International Distribution Services. It operates the brands Royal Mail (letters and parcels) and Parcelforce Worldwide (parcels). The company used the name Consignia for a brief period in the early 2000s but changed it afterwards.
The General Post Office (GPO) [1] was the state postal system and telecommunications carrier of the United Kingdom until 1969. [2] Established in England in the 17th century, the GPO was a state monopoly covering the dispatch of items from a specific sender to a specific receiver (which was to be of great importance when new forms of communication were invented); it was overseen by a ...
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