A MAJOR bank with 1,500 branches will be closing more locations within hours.
Barclays will be pulling the plug on four of its banks today (September 1).
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The closures come as big banks look to move more of their services online.
Data from the UK’s largest cash machine network, LINK, keeps track of any planned branch closures across the UK.
The four locations where Barclays banks will shut today are:
- Corn Street, Leominster
- Market Street, Wellingborough
- Lower Ground Floor, The Arcade, Westfield
- Putney High Street, London
Barclays, one of the UK’s biggest banks, has already announced more nearly 70 closures in 2023.
Last month, Barclays announced another seven locations would close in the coming months.
The majority of the branches announced for closure will be shutting later this year in mid November, while one will be shutting in December.
Locations in London, Durham and Cirencester will be affected.
In July, the chain announced plans to pull the shutters down on 14 more branches.
It comes following dozens more by several major banks, including NatWest, HSBC, Lloyds Banking Group, Virgin Money and Halifax.
For example, HSBC closed three branches on Tuesday (August 29).
Branches in Rhyd-Y-Penau, in Wales, Eastwood, in Nottingham and Leighton Buzzard all shut shop.
Many people, especially the elderly population, rely heavily on in-person services and the closures will make it more difficult for them to access services.
You can find your nearest branch using the locator tool on each banks’ website.
But there are still a number of ways in which impacted customers can access basic banking services without having to head over to the next town.
If the latest raft of closures will leave you without a branch in your town, you should be able to do most basic tasks at your local Post Office.
You can use one of the Post Office’s nearly 12,000 branches to perform basic tasks — but you can’t open new bank accounts or take personal loans and mortgages.
Several banks also offer a mobile banking service, which is where your bank brings a bus to your local area that has the services that are usually available at your branch.
You should call up your bank to see if it runs such a service and they will be able to tell you where and when it will be parked.
Other banks use buildings such as village halls or libraries to offer mobile banking services.
Banking hubs, which offer traditional shared services, have also been set up in several locations around the UK to help plug the gap — including Brixham, Cambuslang, Cottingham and Rochford.
Meanwhile, we’ve rounded up the full list of banks closing locations this summer.
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