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Santander to shut 140 branches
Comments
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I rarely go into my bank branch and my local city has 4 Santander branches, only 1 of which is closing. I feel sorry for those who are not able to bank online for whatever reason and struggle with getting into their local big town. They will be the ones who will find it most inconvenient.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
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Spanish-owned bank Santander is slashing its branch network by almost a fifth, putting 1,270 jobs at risk.The bank blamed the closures on "changes in how customers are choosing to carry out their banking".
It said branch transactions have fallen 23% in the last three years, while digital transactions have soared 99%.
Worth remembering when looking at the figures above, that Santander don't yet support paying in cheques via their app yet - when they do, the number of branch transactions is going to fall further.
Having said that, this decision means our closest Santander here in London will close (not that I remember when I last used it) - in that it joins our local HSBC and Natwest.0 -
It's sad because my local high street branch is one of the ones closing and that's where my kids opened their 1st bank accounts and got their start at learning what it means to save.
Having said that, that was a couple of years ago and they haven't been in since ... so ...0 -
It's sad because my local high street branch is one of the ones closing and that's where my kids opened their 1st bank accounts and got their start at learning what it means to save.
Having said that, that was a couple of years ago and they haven't been in since ... so ...
I remember opening an account as a kid at Bradford and Bingley and getting a colouring pencil set. I remember being so happy
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