Oireachtas Joint and Select Committees

Wednesday, 15 June 2022

Joint Oireachtas Committee on Transport, Tourism and Sport

Future of An Post Network: Discussion (Resumed)

Ms Debbie Byrne:

Foreign exchange forms a big part of that financial services business for us. Obviously, that side of our business fell off a cliff earlier during Covid and we are rebuilding it, so we have heavy TV and digital advertising featuring Angela Scanlon. We are very much promoting cash and card, recognising that perhaps not everybody wants to use cash. We are rebuilding that business and that is important. Cash foreign exchange is a product all the banks have got out of. Outside of paying an arm and a leg at the airport to get it, we are the only place to get it. Furthermore, we have invested in a leaflet drop to 1.6 million households. We are very much communicating about it to rebuild the business.

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