Coin and cash ordering you can count on | One Post Office (2024)

We're starting to roll out Planned Orders and Coin Ordering on Branch Hub – the next important features which will help make it quicker, easier and more convenient to run your branches, and give you more time to focus on your customers.

Today (Monday 9 November), Planned Orders and Coin Ordering went live in a pilot group of over 1,000 branches. This follows user testing and launching the new features to an initial pilot group of over 100 branches in September. The network-wide rollout to branches which have already moved to Stock Ordering on Branch Hub will start in the new year.

The launch of Planned Orders and Coin Ordering on Branch Hub means Postmasters and branch teams in the pilot group will be able to easily manage both your cash and coin orders whenever and wherever you are, using a PC, tablet or smartphone.

Post Office's Head of Network, Resource and Inventory, Doug Brown, said: “Post Office has worked with Postmasters at every stage in the design and development of Branch Hub to make sure it is a helpful tool. If you're already used to Stock Ordering on Branch Hub, these new features will offer you the functionality and more user-friendly experience you're already familiar with, so you can easily and securely manage your cash and coin orders.”

You can see the benefits of both these new features and how they'll make cash and coin orders easier to manage below:

Click the image to enlarge
Coin and cash ordering you can count on | One Post Office (1)

Keeping your Branch Hub account safe and secure

To provide you with extra protection and security when you start ordering coin and cash on Branch Hub, we've introduced a new Secure Login process. This will bring Branch Hub site security in line with many online banks and Government websites.

Secure Login went live for the pilot group of over 1,000 branches in the pilot last week. To log into Branch Hub, Postmasters and their teams in these branches now need to request a six-digit secure passcode by text or email to enter. You can see how quick and easy it is to use Secure Login below:

Click the image to enlarge
Coin and cash ordering you can count on | One Post Office (2)

When Planned Orders and Coin Ordering are rolled out network wide in the new year, we'll switch on the new Secure Login process ahead of launch. As these features go live, we will send Postmasters and branch teams further information and guidance by email, so you can familiarise yourself with the new systems on Branch Hub and manage your cash and coin orders with confidence.

To get ready for the introduction of Secure Login, Planned Orders and Coin Ordering on Branch Hub, please make sure your profile information is correct and up to date. If they haven't done this already, please also encourage all members of the branch team who currently look after cash and coin ordering to register on Branch Hub, so they can take advantage of the quicker, easier order process.

Coin and cash ordering you can count on | One Post Office (2024)

FAQs

What is the $3000 rule? ›

for cash of $3,000-$10,000, inclusive, to the same customer in a day, it must keep a record. more to the same customer in a day, regardless of the method of payment, it must keep a record. a record. The Bank Secrecy Act (BSA) was enacted by Congress in 1970 to fight money laundering and other financial crimes.

How many $20 bills are in a bundle? ›

25 x $20 bills = $500.

What happens if a bank accidentally gives you money and you spend it? ›

If the bank deposited money to your account in error, it doesn't need your permission to remove those funds and deposit them into the correct account. The bank may also correct the error by exercising an offset, which allows a bank to charge the account for a debt owed to the bank.

How to bundle $100 dollar bills? ›

A bundle consists of 1,000 notes of the same denomination in ten equal straps of 100 notes each. All strap edges must be vertically aligned into a single organized stack and oriented in the same direction. Straps must be bound together.

How much cash can I have before IRS? ›

Generally, any person in a trade or business who receives more than $10,000 in cash in a single transaction or in related transactions must file a Form 8300.

How much money can you have in the bank before it is reported to the IRS? ›

Depositing a big amount of cash that is $10,000 or more means your bank or credit union will report it to the federal government. The $10,000 threshold was created as part of the Bank Secrecy Act, passed by Congress in 1970, and adjusted with the Patriot Act in 2002.

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