Latest News

NatWest announces closure of 43 branches

By Alexandra Leonards

NatWest has announced plans to close 43 bank branches next year.

The bank said that the move was driven by a shift to mobile and online banking.

NatWest has seen average counter transactions across the bank decrease by 64 per cent between January 2019 and January 2022, while the number of customers using mobile apps jumped by 38 per cent during the same period.

The move follows the closure of 90 bank branches from across the major UK banks in August.

Figures published by British ATM network Link revealed that Lloyds, Halifax, Nationwide, Barclays, Bank of Scotland, HSBC, NatWest, Royal Bank of Scotland, and Santander would all close bank branches this year.

“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,” said a NatWest spokesperson. “We take our responsibility seriously to support the people who face challenges in moving online, so we are investing to provide them with support and alternatives that work for them.”

List of closing NatWest branches:

Henley-on-Thames
Thame
Cheltenham Bath Road
Ayr
Dundee
Devizes
Beeston
Berkhamsted
St. Neots
Cleethorpes
Broadstone
Market Harborough
Clitheroe
Eastleigh
Shipley
Ilkley
Buxton
Glossop
Aberdeen
Southsea
Tonbridge
Sandbach
Waterlooville
Cheadle
Glasgow
Headington
Caterham
Oxted
Coventry Walsgrave Road
Edinburgh
Gerrards Cross
Lewes High Street
Balham
Uckfield
Addiscombe
Stourbridge
Whitehaven
Wetherby
Potters Bar
Bromsgrove
Wokingham
Bloomsbury Parr's
Upper Parkstone

    Share Story:

Recent Stories

NatWest announces closure of 43 branches

Apple partners Goldman Sachs on savings account

Mark Steward to step down from FCA


The human firewall: Activating employees to safeguard financial data
As financial services increasingly embrace SaaS and cloud-based technologies, they face emerging threats to safeguard sensitive customer data. While comprehensive IT security measures are essential, the active involvement of employees across organisations is pivotal in ensuring the protection of sensitive data.

BANNER

BANNER

Building a secure financial future for instant payments: The convergence of ISO 20022 and fraud detection
The financial landscape is rapidly evolving its approach to real-time transactions under the ISO 20022 standard, and financial institutions must take note. With examples such as the accelerated adoption of SEPA Instant Credit Transfers in Europe and proposed New Payment Architecture (NPA) programme in the UK, the need for swift and effective fraud detection is more crucial than ever.

Data Streaming and Consumer Duty: Transforming customer experience in banking
Introduced at the end of July, the Consumer Duty is a game-changing new set of rules and guidance for financial services institutions in the UK, and companies must look to modernise their systems in adherence with it in mind to create the best customer experience possible.

From insight to action: Empowering financial institutions through advanced technology and collaborative information sharing
The use of Information sharing in enhancing financial crime prevention has been universally agreed as being beneficial. However no-one has been able to agree on how information can be shared safely without breaching data protection laws or having the right systems to facilitate this, Information sharing has re-emerged as a major consideration for financial institutions (FIs) ahead of the Economic Crime and Corporate Transparency Bill being made into law in the UK.

© 2019 Perspective Publishing     Privacy & Cookies