|Italian to English translations [PRO]|
|Italian term or phrase: la posta|
|In a letter from 1931:|
"Le cedole e i denari li ho portati alla posta che rendono il 3,50 per cento all'anno. . ."
|English translation:...opened a saving account at the post office...|
Since my childhood I've always heard of "libretto postale", a kind saving account held at post offices. It used to be very popular amongst Italian families in the 60s/70s due to lower costs in comparison to accounts offered by banks. Then banks started offering more services and "libretti" declined considerably. But nowadays,following a massive restructuring, Italian post offices are offering a wide range of services which are very similar to those offered by banks.
Hope this helps.
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