NEARLY 100 financial institution branches are set to drag down their shutters for the ultimate time within the subsequent few weeks.
The closures come as plenty of main excessive avenue banks transfer extra of their banking companies on-line.
Almost 100 financial institution branches are set to shut within the subsequent few weeksCredit score: Alamy
Information from LINK, the UK’s largest money machine community, reveals dozens of banks are set to shut branches between July 24 and August 31.
HSBC, Barclays, NatWest and Halifax are amongst among the main banks who will likely be impacted.
Barclays is closing 29 branches between now and the tip of August, whereas NatWest is knocking down the shutters on 19.
In the meantime, Halifax is shutting two branches and HSBC 27.
It comes as much more branches throughout the key banks have been signposted for closure over the remainder of the 12 months and into 2024.
These embody recent dates launched this week from Virgin Cash and Lloyds Banking Group.
Right here is the complete listing of financial institution branches which can be closing between now and the tip of August.
Barclays
- Heathfield – July 26
- Barnsley – July 26
- Portadown (Northern Eire) – July 28
- Market Harborough – July 28
- Kingsland Excessive Road, London – July 28
- Bognor Regis – August 9
- Stirling (Scotland) – August 11
- Chelmsford – August 11
- Kidsgrove – August 11
- Eastleigh – August 11
- Prudhoe – August 11
- Southampton – August 17
- Newark – August 17
- Dunfermline (Scotland) – August 18
- Wokingham – August 18
- Haltwhistle – August 18
- Birmingham – August 18
- Biggleswade – August 18
- Burnham-on-Crouch – August 22
- Windsor – August 23
- Diss – August 23
- Frome – August 23
- Worksop – August 24
- Birmingham – August 24
- Newcastle-under-Lyme – August 25
- Framlingham – August 25
- Brecon (Wales) – August 25
- Wilmslow – August 25
- Chalfont St Peter – August 31
Financial institution of Scotland
- Bearsden (Scotland) – July 25
- Edinburgh – July 26
- Pollokshields (Scotland) – July 27
- Cults (Scotland) – August 14
HSBC
- Christchurch – July 25
- Seaford – July 25
- Tonbridge – July 25
- Blackwood (Wales) – July 25
- Norwich – July 25
- Westbury-On-Trym – August 1
- Putney – August 1
- Ashton-Beneath-Lyne – August 1
- Ormskirk – August 1
- Kenilworth – August 1
- Reigate – August 8
- North Finchley – August 8
- Cirencester – August 8
- Henley-On-Thames – August 8
- Denbigh (Wales) – August 8
- Hampstead – August 15
- Chippenham – August 15
- Bethnal Inexperienced – August 15
- Hornchurch – August 15
- Dorchester – August 22
- Morley – August 22
- Wymondham – August 22
- Ryde – August 22
- Windsor – August 22
- Rhyd-Y-Penau (Wales) – August 29
- Eastwood – August 29
- Leighton Buzzard – August 29
NatWest
- Dorking – July 25
- March – July 25
- Peterborough – July 26
- Tamworth – July 27
- Blandford Discussion board – August 1
- Wymondham – August 1
- Knutsford – August 2
- Runcorn – August 2
- Stony Stratford – August 3
- Bournemouth – August 8
- Westbury on Trym – August 8
- Brighouse – August 9
- Fakenham – August 10
- Ryde – August 10
- Hertford – August 15
- Brighton – August 16
- Christchurch – August 16
- Fleet Road, London – August 17
- Fulwood – August 17
Halifax
- Tadcaster – August 8
- Denton – August 30
RBS
- Tranent (Scotland) – July 27
- Johnstone (Scotland) – August 15
Santander
- Midsummer Place, Milton Keynes – August 29
- Grafton Gate East, Milton Keynes – August 29
Lloyds
- Chapeltown – July 24
- Holloway Highway, London – July 25
- Carlton – July 26
- Cambridge – July 31
- Shepton Mallet – July 31
- Hazel Grove – August 1
- Thavies Inn Home, London – August 1
- Threadneedle Road, London – August 2
- Tumble (Wales) – August 3
- Eckington – August 9
- New Mills – August 17
- Corringham – August 21
- Wotton-Beneath-Edge – August 23
What you are able to do in case your native financial institution department closes
Many, significantly the aged, nonetheless depend on in-person companies and the closures will make it tougher for these folks to entry companies.
However there are nonetheless plenty of methods wherein affected prospects can entry fundamental banking companies with out having to enterprise to the following city.
If the newest raft of closures will depart you with no financial institution in your city, you need to be capable to do most elementary duties at your native Submit Workplace.
You should utilize one of many Submit Workplace’s almost 12,000 branches to carry out fundamental banking duties — however not open new financial institution accounts or take private loans and mortgages.
Many banks additionally provide a cellular banking service, which is the place your financial institution brings a bus to your native space that has the companies which can be often accessible at your department.
It is best to name up your financial institution to see if it runs such a service and they’re going to be capable to let you know the place and when it will likely be parked.
Different banks use buildings akin to village halls or libraries to supply cellular banking companies.
Banking hubs, which supply conventional shared companies, have additionally been arrange in a number of places across the UK to assist plug the hole — together with Brixham, Cambuslang, Cottingham and Rochford.
In the meantime, Barclays additionally revealed it was pulling the shutters down on one other 14 places this 12 months.
Plus, a number of main excessive avenue manufacturers are set to shut over 30 websites this week – see the complete listing.
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