High Street Bank Barclays is set to close another 27 branches this year, blaming low customer numbers and a shift to online banking, as rivals also plan to close hundreds.
More than 300 bank branches are already scheduled to close this year (
Image: REUTERS)
Barclays it is closing another 27 bank branches and will have closed 103 by the end of the year.
The British are already facing a wave of bank branch closures, with about 330 outlets closing in 2022.
Barclays should close 27 more sites, Which one? reports and will have closed 103 in 2023.
The 27 closures add to the 63 announced earlier this year.
A Barclays spokesman said: “We continue to review and adjust our branch footprint to ensure that it reflects the way our customers increasingly choose to do their banking.
“We will always notify you twelve weeks in advance of any office closures, explaining the reason for the decision, as well as highlighting alternative offices and ways of doing banking.
“This includes working with the local community to find different and more flexible ways for our colleagues to continue to provide local banking support, such as through emerging presences.”
Banks say they are closing offices because the lack of traffic makes it too difficult to keep many open.
They say the British use online banking more and physical branches less.
Some communities have run out of bank branches.
Some 2,300 people on the Isle of Scilly now have to catch a plane or ferry to use a bank branch as the last remaining bank. closed in April .
The full list of Barclays branches that will close this year is:
- Stow-on-the-Wold
- Rawtenstall
- Muswell Hill, London
- Bexhill-on-Sea
- Felixstowe
- Heswall
- Pinner
- Gateshead
- Sant Austell
- Surbiton
- Epping
- Manchester
- Beaconsfield
- Middleton
- Chester-le-Street
- Feltham
- Selby
- Corby
- Maldon
- Peterborough
- Prestwich
- Inches
- Sidcup
- Having
- Petersfield
- Ryde
- Billericay
- Chesterfield
- Alfreton
- Lampeter
- Dunmow
- Saffron Walden
- Longton
- Chorley
- Ripon
- Southgate Chase Side
- Holloway
- Bridgnorth
- Ludlow
- Transparency
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Lloyds Banking Group closes 28 branches -20 Lloyds Bank and eight Halifax- between August and November this year.
HSBC closes 69 bank branches due to a change in online banking, in a move that affects about 400 employees.
TSB will close 70 bank branches in the UK this year, while NatWest will close 32 branches, including 11 Royal Bank of Scotland locations.
The British can access some banking services at post offices due to a link between the banks and the mail delivery institution.
Banks pay Post Office to do this to offset the impact of branch closures.
However, this range of services is limited compared to a suitable bank branch. You can’t open a bank account at a post office, for example, or solve problems with your account.
What you can do at a post office also depends on which bank you are.
If you are a Bank of Scotland, HSBC or Lloyds customer, you can use all postal banking services: withdraw and deposit cash, check your balance and deposit a check.
But if you bank with Nationwide, all you can do is withdraw cash and check your balance.
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