Guidance
Managing prisoners’ money: PSI 01/2012
Guidance for prisons on how to manage finances for prisoners, including purchases and money transfers.
Applies to England and Wales
Documents

Details
This prison service instruction (PSI) details the roles and responsibilities of prisons when it comes to managing each prisoner’s finances and ensuring that all financial transactions are processed properly.
It covers what the prison needs to do with money brought in by the prisoner, day-to-day expenses and any transfers into or out of their account.
This is a current PSI. It came into effect on 1 January 2012 and was last updated on 27 January 2020.
Updates to this page
Published 27 January 2020
Last updated 1 SeptemberApril 2022
+ show2025
href="#full-history">+ show all updates
-
Update history
2025-04-01 00:30
PSI updated.
2022-09-01 00:30
PSI updated,

Details
This prison service instruction (PSI) details the roles and responsibilities of prisons when it comes to managing each prisoner’s finances and ensuring that all financial transactions are processed properly.
It covers what the prison needs to do with money brought in by the prisoner, day-to-day expenses and any transfers into or out of their account.
This is a current PSI. It came into effect on 1 January 2012 and was last updated on 27 January 2020.
Updates to this page
Published 27 January 2020
Last updated 1 SeptemberApril 2022
+ show2025
href="#full-history">+ show all updates
-
Update history
2025-04-01 00:30
PSI updated.
2022-09-01 00:30
PSI updated,
Details
This prison service instruction (PSI) details the roles and responsibilities of prisons when it comes to managing each prisoner’s finances and ensuring that all financial transactions are processed properly.
It covers what the prison needs to do with money brought in by the prisoner, day-to-day expenses and any transfers into or out of their account.
This is a current PSI. It came into effect on 1 January 2012 and was last updated on 27 January 2020.
Updates to this page
Published 27 January 2020
Last updated 1 Update history
2025-04-01 00:30
PSI updated.
2022-09-01 00:30
PSI updated,