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Post office banking

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David H | 14:14 Sat 20th May 2006 | Business & Finance
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How do post offices earn money by acting as agents for various banks? Without that arrangement I'd have to change banks as mine has hardly any branches.
  
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The banks pay them a small fee per transaction, and possibly a share in the running costs of the centre that processes the cheques, etc.

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Post office banking

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