A MAJOR high street bank is set to pull down the shutters on more branches following a string of closures.
Bank branches have been closing at a staggering rate as customers move more towards online banking.
ReutersBarclays is closing more branches this year[/caption]
Hundreds have already closed, or will close, this year.
Barclays has already called time on dozens of its branches across England, Wales and Scotland in 2023.
And the high street bank is set to close six more branches, according to latest data from LINK, the UK’s largest cash machine network.
Branches will be closing in Redditch, London and Newquay. Here’s the full list, and when they are shutting up shop for good:
Redditch – September 29Bude – September 29Newquay – October 13Mayfair, London – September 29Charing Cross Road, London – October 6Fakenham – October 6
It comes with Barclays set to close dozens of branches this summer as well, including in Sudbury, Oadby and Birmingham.
Here’s the full list, and when they will be closing:
Sudbury – July 6Chipping Norton – July 6Kingswood – July 6Knightsbridge, London – July 7Llangollen (Wales) – July 7Canvey Island – July 7Alnwick – July 7Wombourne – July 12Bentham – July 12Hayes – July 13South Harrow – July 14Oswestry – July 14Yarm – July 14Seahouses – July 14Brixton Road, London – July 19Fleet – July 19Oadby – July 20Lisburn (Northern Ireland) – July 21East Grinstead – July 21Sheffield – July 21Washington – July 21Heathfield – July 26Barnsley – July 26Portadown (Northern Ireland) – July 28Market Harborough – July 28Kingsland High Street, London – July 28Bognor Regis – August 9Stirling (Scotland) – August 11Chelmsford – August 11Kidsgrove – August 11Eastleigh – August 11Prudhoe – August 11Southampton – August 17Newark – August 17Dunfermline (Scotland) – August 18Wokingham – August 18Haltwhistle – August 18Birmingham – August 18Biggleswade – August 18Burnham-on-Crouch – August 22Windsor – August 23Diss – August 23Frome – August 23Worksop – August 24Birmingham – August 24Newcastle-under-Lyme – August 25Framlingham – August 25Brecon (Wales) – August 25Wilmslow – August 25Chalfont St Peter – August 31
What to do if your local bank branch closes
Consumers increasingly use online banking to carry out the majority of their day-to-day activities, hence why so many bank branches are closing.
But it can leave those without access to the internet, especially the elderly, without a physical branch nearby.
If you are worried about your local branch closing leaving you in the lurch, you’ve got some options.
You can use one of the Post Office’s 11,635 branches to carry out most banking tasks.
However, you can’t open new bank accounts or take personal loans and mortgages out there.
Meanwhile, many banks offer a mobile banking service – essential a bus that comes to your local area offering all the normal services you can get at your branch.
It’s worth contacting your bank or building society to see if its runs a banking bus and it will be able to tell when one is next near you.
Other banks use buildings such as village halls or libraries to offer mobile banking services.
Banking hubs, which offer traditional shared services, have also been set up in four locations around the UK to help plug the gap — in Brixham, Cambuslang, Cottingham and Rochford.
In other news, we reveal the full list of banks and building societies closing branches this summer.
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