Australian financial institution Suncorp has extended its banking partnership with Australia Post for another five years.
The partnership will enable Suncorp customers to avail over-the-counter banking services at Australian Post’s 3,500 Bank@Post offices.
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Suncorp Banking and Wealth CEO David Carter said: “Bank@Post is an important service, particularly for those living in regional and remote communities, and Suncorp is committed to ensuring the service is sustainable and continues to evolve with customer needs.”
The partnership will enable Suncorp customers to avail banking services even in locations which do not have a bank branch.
The agreement will allow Suncorp customers to make deposits and withdraw funds at any Bank@Post outlet without any charges.
Australia Post Group CEO and managing director Christine Holgate said: “Suncorp’s support for the essential Bank@Post service demonstrates their strong commitment to their customers, ensuring they can continue to access banking services across the nation through their Community Post Office.
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By GlobalData“Suncorp’s strong leadership will enable us to invest in the future of our Post Offices, many of which are owned and operated by small business people.”
Carter added: “Alongside our Suncorp App, stores network, Contact Centre, and Australia-wide ATM network with RediATM, our Bank@Post partnership gives our customers greater choice in how they bank with us, wherever they are in Australia.”
In October last year, the Commonwealth Bank of Australia (CBA) also renewed its banking services partnership with Australia Post for additional five years.
