BARCLAYS is set to shut another 15 branches this year in the latest round of closures revealed by the bank.
It brings the total number of sites disappearing this year to 132 across the country.
It comes after Barclays announced in May the locations of 27 branches that will be closing for good in 2022.
It is not the only bank to tell customers to expect more closures, with Lloyds, HSBC and Halifax among those to vanish from many high streets.
Barclays said more customers are now choosing to do their banking online and on apps, rather than visiting in person.
A Barclays spokesperson said: “We continue to review and adjust our branch footprint to ensure it reflects the way that our customers are increasingly choosing to do their banking.
READ MORE ON BANKS
Major bank launches market-leading 5% interest rate on current account savings
Android warning for BILLIONS – money apps to never download or delete now
"We will always give twelve weeks’ notice of any branch closures, explaining the rationale for the decision, as well as highlighting alternative branches and ways to bank.
"This includes working with the local community to find different, more flexible ways for our colleagues to continue to provide local banking support, such as through pop-up presences.”
Here is the new list of Barclays branches which are closing this year:
- Melton Mowbray
Most read in Money
KFC is giving away millions of meals for FREE – how to get one
I make more than £500k in just ONE WEEK renting out tents – here's how I do it
Thousands of families can get up to £100 FREE cash – are you eligible?
My family of 8 sleep in just THREE beds – we're trapped in our two bedroom flat
The closing of nearly 30 branches announced last month includes Bexhill-on-Sea and Epping which are shutting their doors today.
Further branches will close through July,August and September.
- Muswell Hill, London
- St Austell
- Saffron Walden
- Southgate Chase Side
Branch closures in previous years bring the total number of locations that will be gone for good by the end of the year to 132, according to Which?.
You can see which bank branches are closing and when using Link's webpage.
Barclays is not the only bank that is cutting down the number of branches it runs.
Banking groups are blaming a lack of footfall for site closures as a growing number of people now using mobile and internet banking instead of visiting a branch.
Experts predict that around 700 to 800 bank sites across the UK faceclosure in 2022.
HBSC will close 69 of its branches before the year is out after shuttering 82 of its banks last year.
Meanwhile, Lloyds Banking Group confirmed another 28 closures of Halifax and Lloyds bank branches are coming this year.
Read More on The Sun
You could be entitled to 12-MONTH rent refund – here’s how to get money back
I was fuming when I found out my son called one of his classmates fat & ugly
Natwest will close 32 branches this year, including Royal Bank of Scotland sites.
As well as fewer people visiting branches, companies are looking to cut costs as sites become more expensive to staff and run.
We pay for your stories!
Do you have a story for The Sun Online Money team?
Email us at [email protected]
Source: Read Full Article