Bog Banking

GeoffTF

"Furious MPs attacked bank bosses over the strategy which means customers are left having to use the pop-up sites in unusual locations including a garden centre and even a public lavatory."

https://www.thisismoney.co.uk/money/markets/article-13220625/Shameless-shameful-Bank-bosses-fire-branch-closures.html

Perhaps I should not be amused.

Flugelhorn

Is that where you get a "bog standard bank account?"

Hazzanet

Let me guess... you have to be "flush with money" to use it?

Shakin_Steve

I've always liked the argument they use to justify the branch closures. "Less and less people are using branches and more and more using online services". Yup, that will happen if you close all the branches.

eskbanker

Seems to be taking banking at your convenience a bit too far....

DullGreyGuy

GeoffTF said:

"Furious MPs attacked bank bosses over the strategy which means customers are left having to use the pop-up sites in unusual locations including a garden centre and even a public lavatory."

https://www.thisismoney.co.uk/money/markets/article-13220625/Shameless-shameful-Bank-bosses-fire-branch-closures.html

Perhaps I should not be amused.

Anyone have any information of the "public lavatory" case? MPs aren't exactly known for always getting things right nor not using poetic license. A google just brings up people asking why there aren't toilets in banks. 

There's a Michelin starred restaurant in a former "public lavatory" near us and could imagine MPs forgetting to remember the former aspect were they talking about it. 

Shakin_Steve said:

I've always liked the argument they use to justify the branch closures. "Less and less people are using branches and more and more using online services". Yup, that will happen if you close all the branches.

Somewhat a chicken and egg question but I strongly suggest in this case the usage of branches declined before branches started closing en mass. 

GeoffTF

Is it a !!!!!! service?

Barkin

DullGreyGuy said:

Somewhat a chicken and egg question but I strongly suggest in this case the usage of branches declined before branches started closing en mass. 

I don't use them myself, but when Barclays sent a letter to my father-in-law saying that they were closing his local branch, they included some data on how that branch was used. My initial reaction was "I'm surprised it's been kept open this long". 

Rob5342

DullGreyGuy said:

Shakin_Steve said:

I've always liked the argument they use to justify the branch closures. "Less and less people are using branches and more and more using online services". Yup, that will happen if you close all the branches.

Somewhat a chicken and egg question but I strongly suggest in this case the usage of branches declined before branches started closing en mass. 

That's what I'd suspect too, most people wouldn't want to spend 3 hours of their time plus the cost of a bus or car park when they could do the same thing in 30 seconds at home.

mark_cycling00

We've been here before with post office closures. 
The post office replaced them with mobile post offices that would visit a few times a week 

No-one ever used them. What people really wanted was a place where they would bump into friends and have a chat. Theres a village near Oxford when an old lady left her entire inheritance to build a replacement post office in the village. Instead the village built a community centre and cafe with a tiny post office counter in the corner which hardly anyone uses.

Think branches can be replaced with the occasional video call with an agent for when you want reassurance of a face to face chat 

And for fraud reporting when you're in a panic 

ColdIron

Shakin_Steve said:

"Less and less people are using branches and more and more using online services"

Fewer!