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As the push towards online banking continues full steam ahead, a banking giant has taken the decision to close the doors of a set of branches, impacting two big names.
NatWest will call time at 21 branches, while RBS will close 11 sites. The move comes less than two years after RBS officially changed its name to NatWest Group following their mega merger. It has been indicated that the majority of staff will move to other branches, although 12 jobs are at risk.
“As in many industries, most of our customers are turning to mobile and online banking because it’s faster and easier for people to manage their financial lives,” a statement from NatWest said.
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“We understand and recognize that digital solutions aren’t right for everyone or in every situation, and when we close branches, we need to make sure no one is left behind.
“We take seriously our responsibility to support people who are having difficulty getting around online, so we are investing to provide them with support and alternatives that work for them.”
The sites affected are:
NatWest Closures
Billericay, Essex
Borehamwood, Hertfordshire
Bulwell & Hucknall, Nottinghamshire
Chelsea, Greater London
Gillingham, Kent
Gosforth, Tyne and Wear
Headingley, West Yorkshire
University of Hull, East Yorkshire
Leatherhead, Surrey
Leeds-Victoria, West Yorkshire
Manchester Spinningfields Square, Greater Manchester
Marlow, Buckinghamshire
City of Nottingham, Nottinghamshire
Piccadilly and New Bond Street, Greater London
Ruislip, North West London
South Woodford, East London
Swanley, Kent
Tavistock Square, central London
Twickenham, West London
Windsor and Eton, Berkshire
Derby Crompton House, Derbyshire
RBS Closures
Bishopsgate, City of London
Cardiff City, Wales
Chelmsford, Essex
Cheltenham, Gloucestershire
Harrow, North London
Leeds Park Row, West Yorkshire
Leicester Market Street, Leicestershire
London Child & Co
Nottingham City Office, Nottinghamshire
Main Street in Southampton, Hampshire
Wilmslow, Cheshire
The moves are the latest in a series of branch closures across the UK – research from Which? showed that almost half of UK bank branches have closed or are closing since 2015. Closures have become so common that the Principality Building Society actually took the step last week to stress that it would not be closing branches until 2025 .
