NatWest and RBS to close 48 more bank branches this year - full list of new closures
NatWest Group has announced more bank branch closures will take place this year
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NatWest Group has announced 48 more of its bank branches will close.
NatWest will shut 47 sites and Royal Bank of Scotland (RBS) will permanently close another branch.
It's a further blow to customers who prefer in-person banking, after the banking group announced in November that 18 sites would shut.
On its website, NatWest said banking has "changed dramatically in recent years", citing the "increased demand" for mobile and online services.
The bank said average counter transactions reduced by 60 per cent between January 2019 and January 2023.
In the same period, it found the number of customers using mobile apps increased by 49 per cent.
Have you been affected by bank branch closures? Email our money team at money@gbnews.uk.
Full list of the 48 NatWest Group bank branch closures:
- Kingsbury Road, London, 10/07/2024
- London Road, Larkfield, 10/07/2024
- East Street, Barking, 11/07/2024
- Station Road, Paddock Wood, 11/07/2024
- Market Square, Dover, 16/07/2024
- High Street, Cosham, 18/07/2024
- High Holborn, London, 23/07/2024
- London Road, Norbury, 23/07/2024
- Abbey Road, London, 24/07/2024
- High Street, Rainham, 24/07/2024
- High Street, Barkingside, 25/07/2024
- The Street, Rustington, 25/07/2024
- Penn Road, Beaconsfield, 30/07/2024
- Finchley Road, London, 31/07/2024
- High Road, Chadwell Heath, 01/08/2024
- The Broadway, Muswell Hill, 06/08/2024
- Streatham High Road, London, 06/08/2024
- Amhurst Road, Hackney, 07/08/2024
- Spring Street, London, 07/08/2024
- Holloway Road, London, 07/08/2024
- High Street, Ramsgate, 08/08/2024
- Westfield, White City, 13/08/2024
- King Street, Gravesend, 14/08/2024
- Baker Street, London, 15/08/2024
- London Road, East Grinstead, 20/08/2024
- Eltham High Street, Eltham, 20/08/2024
- Rushey Green, London, 21/08/2024
- High Street, Woking, 21/08/2024
- High Street, West Wickham, 22/08/2024
- Central Road, Worcester Park, 22/08/2024
- Fenchurch Street, London, 27/08/2024
- Bridge Street, Andover, 28/08/2024
- Central Circus, London, 29/08/2024
- High Street, Beckenham, 03/09/2024
- High Street, Staines, 03/09/2024
- High Street, Bracknell, 04/09/2024
- Fore Street, Upper Edmonton, 04/09/2024
- Bishopsgate, London, 05/09/2024
- Western Market, Southall, 05/09/2024
- Woodcote Road, Wallington, 10/09/2024
- High Street, Petersfield, 11/09/2024
- West Street, Havant, 12/09/2024
- High Street, Slough, 12/09/2024
- Victoria Road, Farnborough (NatWest), 15/10/2024
- Victoria Road, Farnborough (RBS), 15/10/2024
- Notting Hill Gate, London, 16/10/2024
- Cromwell Place, London, 17/10/2024
- Station Road, London, TBC
The full list of the NatWest Group bank branch closures, announced in November 2023, is as follows:
Full list of 18 NatWest bank branch closures
- Water Lane, Bakewell - February 22
- Bristol Road, South Birmingham - March 5
- Chiswick High Road, London - February 20
- Castle Street, Dudley- March 7
- New Line, Bradford - February 21
- Greenwich Church Street, Greenwich - February 22
- High Street, Maldon- March 7
- Marine Road Central, Morecambe - February 28
- Prescot Road, Liverpool - March 5
- Moor Street, Ormskirk - February 27
- Taff Street, Pontypridd - February 29
- High Street, East Redcar - February 20
- High Street, Rickmansworth - February 29
- Piccadilly, London - March 6
- High Street, Rochester - March 6
- Victoria Road, Surbiton - February 21
- High Street, Wednesfield - February 28
- Station Parade, London - February 27
The 23 Sauchiehall Street, Glasgow RBS branch will shut in November 2024.
Widespread bank branch closures across the UK have sparked concern for those more likely to use in-person banking, including the elderly and vulnerable.
Banks and building societies have shut 5,908 branches since January 2015 - a rate of around 54 per month - according to Which?.
LATEST DEVELOPMENTS:
NatWest said when they close bank branches, they "have to make sure that no one is left behind"
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A NatWest spokesperson said: “Our customers are using digital banking more than ever before – over 80 per cent of our active current account holders now use our digital services and over 97 per cent of retail accounts with us are now opened online.
“Like any business, we strive to meet our customers’ changing needs and expectations and we’ve been responding to the industry-wide shift towards digital services by investing to broaden what customers can do themselves and to offer them greater personalisation.
“While we are increasingly engaging our customers digitally, our branch network remains important to us.
“We are also significantly investing in refreshing our network – we are investing circa £35million in our branch network across the UK, from 2023-24, as well as continuing to invest in shared solutions like the Post Office and banking hubs.
“Digital banking continues to provide new and inclusive ways of allowing the overwhelming majority of our individual and business customers, including the elderly and vulnerable, to bank with us in ways that they weren’t able to before. But we know that a small number of people are not yet comfortable with it, which is why we are proactively reaching out to support them with this transition, having made over 200,000 calls last year. We also have experts that they can speak to for support and guidance.”
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