[ad_1]
Barclays has revealed plans to shut 14 more branches across England and Wales in June.
These closures will be in addition to the 55 branches the bank already planned to shut this year, meaning at least 69 Barclays branches will shut in 2023.
The decision from Barclays is in line with other major banks, which have axed branches as more people move to online banking.
Lloyds, Barclays, NatWest, HSBC and Santander have all shut more than half of their branches since 2015.
The move from Barclays means their customers will now need to rely on pop-up sites and ‘banking pods’ if they require in-person support.
These ‘banking pods’ are semi-permanent sites which can be moved across different towns and cities to satisfy demand.
Currently, Barclays has 200 pop-up sites and ten ‘banking pods’, with plans to add another 70 pop-up sites in the near future.
In addition, the company runs an educational and support van service to provide financial advice to their customers.
The move from Barclays follows that of other banks, which have closed down high street stores in swathes, as customers move to online and telephone banking, however HSBC have announced suspended branch closures where their banks is the only one remaining within a local area.
A Barclays spokesperson said: ‘As visits to branches continue to fall, we need to adapt to provide the best service for all our customers.
‘Where there is no longer enough demand to support a branch, we maintain an in-person presence though our Barclays Local network, live in over 200 locations, based in libraries, town halls, mobile vans and our new banking pods.
‘We also support access to cash with our cashback without purchase service, 24-hour deposit-taking ATMs and by working alongside the Post Office and Cash Access UK.’
The full list of 14 branches which will close in June are below:
- 46 Rhosmaen Street, Llandeilo, Wales, SA19 6HF – June 23, 2023
- 38/42 High St, Mold, Wales, CH7 1BB – June 30, 2023
- 12 Station Street, Saltburn-by-the-Sea, England, TS12 1AB – June 30, 2023
- 24 Fore Street, Tiverton, England, EX16 6LE – June 28, 2023
- 106 High Street, Honiton, England, EX14 1JW – June 23, 2023
- 10 The Square, Caterham, England, CR3 6XH – June 23, 2023
- 112 Woodcote Road, Wallington, England, SM6 0LY – June 28, 2023
- 65/67 Sandgate Road, Folkestone, England, CT20 1RY – June 23, 2023
- 66 Market Place, Chippenham, England, SN15 3JA- June 23, 2023
- 1 The Square, Holmes Chapel, England, CW4 7AF- June 27, 2023
- 13/15 Victoria Square, Holmfirth, England, HD9 2DW – June 23, 2023
- 337/339 Stanley Road, Bootle, England, L20 3EB – June 30, 2023
- 207 High Road, Loughton, England, IG10 1AZ – June 22, 2023
- 28 Chesterton Road, Cambridge, England, CB4 3AZ – June 28, 2023
[ad_2]
Source link
(This article is generated through the syndicated feed sources, Financetin doesn’t own any part of this article)