Major bank to shut 18 branches for good this month
October 5, 2023NatWest will shut 18 branches this month in push towards online service – is YOUR local bank on the list?
- Check to see you are affected by the closure of 18 branches by a major UK bank
A leading UK bank has announced it will close 18 more branches across the UK this month as locations continue to disappear from high streets.
NatWest has announced that another 34 of its branches will close permanently across Britain, meaning it will have closed 126 locations in total throughout 2023.
NatWest branches in Southampton and Sidcup, south London, closed their doors for the final time yesterday.
Today, locations in Woodley, Berkshire, and Southgate, north London will pull down their shutters permanently.
In addition, NatWest have announced that two more branches, in Stalybridge, Greater Manchester and West Kirby, Merseyside, will close in July 2024.
NatWest has announced that another 34 of its branches will close permanently across Britain, meaning it will have closed 126 locations in total throughout 2023
More than half of Britain’s branch network has closed since 2015, according to consumer rights group Which?
A NatWest spokesperson said: ‘As with many industries, most of our customers are shifting to mobile and online banking, because it’s faster and easier for people to manage their financial lives.
‘We understand and recognise that digital solutions aren’t right for everyone or every situation, and that when we close branches we have to make sure that no one is left behind,’ according to The Sun.
The closure of high street banks in alarmingly high numbers has seen banks being accused of ‘depriving’ the elderly and vulnerable of essential services.
More than half of Britain’s branch network has closed since 2015, according to consumer rights group Which?
Lenders have been cutting back on sites over recent years, claiming that more customers are switching to online banking and cash use is declining as more transactions are carried out on credit and debit cards.
But critics said closing bank branches is ‘grossly unfair’ on elderly and vulnerable customers, as well as on small businesses and those who need face-to-face advice.
Charity Age UK has blasted the ‘continuing avalanche’ of closures, saying that while those in rural areas are hardest hit ‘those in towns and cities are not immune’.
Its director Caroline Abrahams said: ‘Being able to manage your money is key to living independently as you age, but the rush towards digital banking means millions of older people are being deprived of this, simply because they do not use computers.
‘They are perfectly capable of organising their own finances, just not online. It is grossly unfair that they are being infantilised in this way and their legitimate interests brushed aside in the pursuit of profit.’
The full list of NatWest bank closures can be seen below.
FULL LIST OF 34 NATWEST BANKS CLOSING ACROSS THE UK
Natwest, Southgate, October 5
Natwest, Woodley, October 5
Natwest, Stanmore, October 10
Natwest, Tiverton, October 10
Natwest, Parkhouse Industrial Estate, October 11
Natwest, London, October 11
Natwest, Beckton, October 12
Natwest, Weybridge, October 12
Natwest, Wickersley, October 17
Natwest, Prestwich, October 18
Natwest, Tavistock, October 18
Natwest, Alton, October 19
Natwest, Exmouth, October 19
Natwest, Norwich, October 31
Natwest, Wanstead, October 31
Natwest, Leicester, November 2
Natwest, Camborne, November 7
Natwest, Plymouth, November 7
Natwest, Colchester, November 7
Natwest, Ipswich, November 8
Natwest, Shotton, November 9
Natwest, London, November 9
RBS, Dingwall, November 1
RBS, Dundee, November 2
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