THOUSANDS of customers face having their bank branch close within weeks as 32 locations are set to shut forever.
The closures come as major high street banks opt to transition more of their banking services online.
Halifax, Lloyds Bank and NatWest all plan to close some of their branches this month
Data from the UK’s largest cash machine network, LINK, keeps track of any planned branch closures across the UK.
NatWest will bring down the shutters on 16 branches of its branches this month and Lloyds Bank will shut close 13 outlets.
Halifax will also close three of its bank branches before the end of January.
Typically if there are no banks in a town, you should be able to do some basic banking at your local Post Office.
Many banks also offer a mobile banking service.
This is where your bank brings a bus to your local area that has the services that are usually available at your branch.
You should call up your bank to see if it runs a banking bus and they will be able to tell you where and when it will be parked.
Other banks use buildings such as village halls or libraries to offer mobile banking services.
Here is a full list of the 32 bank branches that are going to close along with the date they are planning on pulling down the shutters.
Halifax closures
- Birmingham – January 25
- Coleraine – January 10
- Leeds – January 12
Lloyds Bank closures
- Bishop’s Waltham – January 24
- Caldicot – January 16
- Cheddar – January 9
- Cinderford – January 9
- Cleobury Mortimer – January 12
- Helston – January 24
- Holyhead – January 23
- Llandrindod Wells – January 16
- Looe – January 25
- Pwllheli – January 12
- Slaithwaite – January 26
- Wallingford – January 23
- Welshpool – January 26
NatWest closures
- Aberdeen – January 18
- Ayr – January 12
- Beeston – January 25
- Berkhamstead – January 25
- Broadstone – January 12
- Bromsgrove – January 31
- Cheltenham – January 26
- Coventry – January 19
- Croydon – January 17
- Dundee – January 10
- Edinburgh – January 24
- Glasgow – January 26
- Lewes – January 11
- London – January 24
- London (WC1V) – January 10
- Market Harborough – January 11
We’ve also listed all the bank branches closing in 2023 – including Barclays, HSBC, Lloyds and NatWest.
What bank has the most branches?
If you prefer to do your banking in a branch, then it’s getting increasingly difficult.
Despite closures, there may be a local one near you that you’d prefer to visit.
For example, Lloyds Banking Group still operates more than 1,400 branches across the country across its Lloyds Bank, Halifax and Bank of Scotland brands.
How do I switch bank account?
It’s easy to switch your bank account using the Current Account Switch Service (CASS).
You don’t have to remember to move direct debits over when moving as it does this everything for you.
All you have to do is apply for the new account you want and the new bank will let your existing provider know you’re moving.
There are some steps you can take before switching though, such as choosing your switch date, or organising transferring your old bank statements to your new account.
To get your old statements you should get in touch with your bank.
How to find the best bank accounts
Don’t waste time looking at individual banking sites – it’ll take you an eternity.
Research websites like MoneyFacts.co.uk and price comparison websites such as Compare the Market, Go Compare and MoneySupermarket will help save you time and show you the best rates available.
These sites let you tailor your searches to an account type that suits you.
Did you miss our previous article…
https://hellofaread.com/money/i-spent-1200-on-12-cans-of-prime-drink-after-travelling-25-miles-just-to-find-it/
