The Bermuda Post Office has implemented postal fee increases which will be effective April 1, 2012.
Minister of Economy, Trade and Industry, Patrice Minors said the new fees have been implemented to offset the Post Office’s operating costs for its services. “The pro bono provision of postal services by BPO is no longer sustainable in the face of its spiralling annual deficit,” said Minister Minors.
“The levying of fees on postal services has precedence in the standard practices of other postal administrations within the Universal Postal Union (UPU) of which Bermuda is a member country through the UK. The US Postal Service (USPS) and the British Royal Mail are examples of UPU member countries that levy fees on postal services to cover their operating costs.”
The Post Office has increased fees on the following postal service/products:
- All Express Mail Service fees will be increased by 25% starting with the base charge increasing from of $25.00 to $31.25.
- Post box annual rental fee will increase from $65 to $85 for small boxes; $90 to $120 for medium boxes and large boxes from $260 to $300 annually.
- A $25 late fee will be applied on payment of all post box renewals that fall into arrears by 30 days or more.
- Customs clearance and processing will raise from $1 to $5 for all dutiable parcels received and processed through the Post Office.
The Post Office has implemented new fees on the following services:
- A new fee of $10 per week or any period thereof will be charged for holding of mail for persons travelling at any post office.
- Redirection of mail overseas due to change of address will incur a new fee of $25 for the three month redirection period in addition to the standard overseas postage costs.
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