An Post has welcomed the news that Bank of Ireland customers will now be able to use An Post's national network for their regular banking services.
An Post will offer personal and SME withdrawal and lodgement services to Bank of Ireland customers across the An Post network of 940 post offices nationwide.
"This further advances our mission to provide community banking on the doorstep for the customers and communities we serve. We are ambitious to extend the range of services available through post office channels and keen to explore new opportunities for customers," Debbie Byrne, Managing Director of An Post Retail, said.
An Post provides a range of financial services under the An Post Money brand and provides cash & cheque options for a number of banks already, including AIB and Ulster Bank, with more than 4.5 million transactions and a cash value of almost €1.5 billion a year.
"This new partnership with Bank of Ireland is in line with An Post's strategy to become a leading provider of community financial services for personal customers and SMEs," Ms Byrne said.
About 500 of the country's post offices are situated in parts of the country without a bank within a 5km radius.
"We will continue to work to build a sustainable and successful national post office network that's modernised, re-invigorated and offering new and relevant products and services for communities on their doorstep", she said.