The Spanish postal system has partnered with Banco Mediolanum to offer a new service called “CORREOS CashMoney in physical form such as banknotes and coins. More”. This service will not only allow Mediolanum’s clients to deposit and withdraw cash or checks directly at one of the 2’400 CORREOS locations across the country but also to make third party moneyFrom the Latin word moneta, nickname that was given by Romans to the goddess Juno because there was a minting workshop next to her temple. Money is any item that is generally accepted as payment for goods and services and repayment of debts, such as taxes, in a particular region, country or socio-economic context. Its onset dates back to the origins of humanity and its physical representation has taken on very varied forms until the appearance of metal coins. The banknote, a typical representati... More transfers and order cash delivery – to your home or to that of your friends.
This innovative approach is part of the bank’s drive to adapt its services to the need of its clients. Indeed, clients will simply need to be armed with the bank’s smartphone app which will be the gateway to these additional services. This will also facilitate banking operations for customers living in rural and remote areas that have been affected by the increasing number of small bank branch closures.
Working with the Spanish postal service CORREOS is perfectly in line with Mediolanum’s strategy to provide contact points for its customers across the country at accessible hours.
To read the official press release, please click here [in Spanish]