Polish Post having around 8,000 outlets offers its own financial services - money transfers - and sells financial services of other institutions: banks, insurance companies, investment funds.

Also in September Polish Post signed a new agreement with Bank Pocztowy (Post Bank) according to which their cooperation is strengthened. As a result the widest national network of outlets like separate financial stands will be created in 3,000 post offices. Other services will also be launched like current accounts for individual customers and for small businesses, deposit accounts and granting credits. Furthermore, the introduction of electronic forms of settlement will modernise the procedure of accepting remittances onto accounts kept in other banks.

Main corridors are: Slovakia, France, Spain, Italy, Switzerland and Ukraine, but we recommend all members with potential cash transactions to Poland to contact Polish Post.

The installation of the Eurogiro System is scheduled for Q1 2007.