this post was submitted on 17 Mar 2026
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Letting the post office become a bank. Which is an idea that’s been floated for like a century.
The post office in our country became a bank, and then the bank-and-post-office was privatized and bought up and now the mail sucks and the former postal bank is investing in the Palestinian genocide (real estate on Palestinian land, weapons research with field tests on Palestinians, etc.).
How would this work exactly? The post office would send cash around the same way they send letters around, or would they just handle direct bank transfers?
They would do everything a normal bank does. Here is an article that talks about the idea.
I see. Thanks for the info
Make it happen and one day later they're arguing who to provide their services too and who not.
We have it in India. I usually prefer them to most banks for savings accounts, or FDs. Their rates are usually much better.
What is "the post office" for Europe?
AFAIK a lot of European countries have an equivalent of the USPS. Though in doing a quick search for this post I learned that Germany doesn’t have a state owned mail service anymore which is weird. Maybe it’s time for the EU to take on that role?
Our scumbag neoliberals privatized Deutsche Post in the 90s, but Deutsche Post AG is still legally obligated to provide basic mail service.
Dutchy here; our national post office has been privatised decades ago (it currently goes by the name of PostNL). I believe most (western) eu countries don't have a national postal service anymore, like there isn't a national phone, tv or internet provider anymore.
Same here in Sweden. Our right wing governments have destroyed everything in the last 30 years.
It's so dumb. We privatized all kinds of important infrastructure, then it became enshittified for revenue maximization and now it's broken, shitty and expensive.
Some postal service, trains, telecommunication service, banks, airports & airlines etc have been government owned a few decades ago and worked so so much better.
Yeah, most European countries don't have a government postal service. Either it's always been private or it was privatized decades ago. The USPS is fairly uncommon model.
Wellllll, let's make banks fulfil post office duties instead! :)