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Santander to close 95 branches

GeoffTF
Posts: 1,816 Forumite

Santander to close 95 branches (nearly a quarter):
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Comments
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Not surprised, i walk past my local one several times a week, seems quit or elderly people in2
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Quelle surprise.
As always, if people want to pay nothing for banking then they will get the cheapest possible service that can be delivered.
Their branch network is also massive relative to their actual market share.urs sinserly,
~~joosy jeezus~~2 -
My local branch remains open. It always seems to be full of frenetic activity, but I do not use it. I have been banking online for over 25 years.1
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Never ending non news story. We could always move to the international models of monthly account fees. Rather than free personal banking. That's subsidised by those that borrow money.1
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Hoenir said:Never ending non news story. We could always move to the international models of monthly account fees. Rather than free personal banking. That's subsidised by those that borrow money.What has that to do with branch provision tho?Banks are shutting across the western world, not just in places where account fee-free banking is the norm:
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My local one is busy some days.1
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WillPS said:Hoenir said:Never ending non news story. We could always move to the international models of monthly account fees. Rather than free personal banking. That's subsidised by those that borrow money.What has that to do with branch provision tho?0
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When I was with them had to make an appointment to visit a branch, couldn't book one as fully booked for the next 4 weeks!
Let's Be Careful Out There0 -
Hoenir said:WillPS said:Hoenir said:Never ending non news story. We could always move to the international models of monthly account fees. Rather than free personal banking. That's subsidised by those that borrow money.What has that to do with branch provision tho?
I don't see how that is any different with or without a monthly account fee being charged. Branches are still a cost centre and any business will analyse these to see if they get value.2 -
Hoenir said:Never ending non news story. We could always move to the international models of monthly account fees. Rather than free personal banking. That's subsidised by those that borrow money.0
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