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As of March 11, 2019, the Post Office is no longer accepting new applications for their personal Current Account. All existing customers will be contacted and asked to close or switch to another bank by September 11th.
How to|Close Post Office Accounts||RD|SB|SSC|NSC|KVPY|TD| Account kaise close kare|POSB closure form
Are post office accounts closing? Are personal accounts being closed by Bank of Ireland and AIB? Are they merging all post office accounts into one account in a new bank, or abolishing the services completely? Are our social welfare entitlements like jobseekers allowance and disability allowance going to be affected by this change?
One article on IrishCentral says that Bank Of Ireland is closing post office savings accounts. http://www.irishcentral.com/news/bank-of-ireland-to-close-post-office-savings-accounts–81992493.html#comments It also says that AIB has also told customers it will close their Post Office Saver Account in early January 2015. The same article goes on to say that all post office accounts will be merged into one account at a bank.
One blog article on IrishCentral says the same thing, but gives more information about how this may affect customers of AIB and Bank Of Ireland: http://www.irishcentral.com/news/article82994503.ece Are these two articles correct? Are post office savings accounts really closing down? Are they merging all post office accounts into one bank? Are our social welfare entitlements like jobseekers allowance and disability allowance going to be affected by this change? Are people’s health cards (medical card in Ireland) going to be affected by this change too? What is happening with the money we have already saved in our post office accounts
HOW TO CLOSE POST OFFICE ACCOUNT PREMATURELY OR AFTER MATURITY [ HINDI ] ?
The U.S. Postal Service’s plan to halt Saturday delivery of letters in August 2013 could have a ripple effect through many Americans’ lives, including those who depend on their local post office for cheap short-term savings accounts that are as accessible as ATMs without the maintenance costs and fees.
As part of an effort to save $2 billion a year, the financially strapped USPS is proposing to close offices, leave distribution centers overstaffed and reduce hours at walk-in facilities across the country. In February, it requested postponement from Congress on making $5 billion in payments into its pension fund next year so it can keep operating while it lobbies lawmakers for reforms aimed at easing its financial woes. An independent agency of government supported by postage sales, the agency is prohibited from borrowing money and has a congressional mandate for universal service.
As of March 11, 2019, the Post Office is no longer accepting new applications for their personal Current Account. All existing customers will be contacted and asked to close or switch to another bank by September 11th.