Girobank

Girobank was founded in 1968 and originally was known as National Girobank. It was originally set-up by the Royal Mail in order to provide safe, secure banking facilities for people who did not have normal bank accounts with the then highstreet banks.

The benefit of Girobank was that money could be deposited or withdrawn at any Post Office, a real benefit to people in towns and villages without a bank, but with a Post Office.

Girobank merged with Alliance & Leicester and Sovereign Finance in July 2003, and is now known as Alliance and Leicester Commercial Bank.

The accounts originally provided by Girobank are now provided through the Government agency, National Savings and Investments, whilst Girobank now provides the traditional Giro credit service to companies.

Girobank has its own Postcode: GIR 0AA. This now directs mail to Alliance & Leicester, Bridle Road, Bootle

External link

• Alliance and Leicester Commercial Bank