High street Bank closures...

200sols said:
When I travel back to the 80s maybe.
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You say that, but HMRC sent the wife a cheque for £1100 a couple of weeks ago for a tax rebate, annoyingly her bank Natwest closed the branch where we live and the apps won’t accept more than £500, although the post office will process it apparently. I thought it odd why they even send out cheques these days as I have to give my bank details on my tax return and they credit my account directly if I’m owed anything.
 
Stu999 said:
A lot of banks let you use the Post Office now to deposit / withdraw cash if you need to. Can’t say I’ve been in much / at all in the last few years.
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This is a much better system.
Post office is becoming a mini hub.
Evri, Royal mail, passports, banking.

Makes so much more sense.

Bundle them in a supermarket like argos, even better
 
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visibleman said:
Yup, they're still fairly popular amongst the oldies, my aging folks love them, and some businesses still use them rather than BACS.


Not always that simple, plus there's a lot of banks that don't offer mobile/online cheque deposits and even when they do, they tend to have piddly limits and/or don't support a wide range of cheque types outside of personal cheques.
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As I said at the end of my sentence, if your current bank can't provide a service you're after then it's time to move to a different bank. Halifax let's you deposit upto 5k per day via cheque, no mention of the types of cheques it doesn't support either.

I don't quite understand people's needs to stay loyal to a bank that provides inferior services.
 
Our local Post Office has a room now used by Barclays since they closed their branch. Can't see it lasting long as the pensioner rage & queues with the one person manning it is off the charts :cry:

@Efour my village has a post office, next village over has one. Neither big. Local town has one with 5 cashier desks. Seems fine to me. Gone up massively in my estimation since I had to start using it last year.
 
Post Office or those Bank Hubs are the future. I’m with First Direct and have popped into HSBC once in 10 years to cash a HMRC tax refund. HMRC now give you the option of a BACS instead of cheque so I took that recently.

I use cash from time to time but FaceID contactless payments on my phone are 99% of all my payments now. I don’t even use my bank card! I keep £100 cash in the house just in case technology goes down.
 
Shoza said:
Post Office or those Bank Hubs are the future. I’m with First Direct and have popped into HSBC once in 10 years to cash a HMRC tax refund. HMRC now give you the option of a BACS instead of cheque so I took that recently.

I use cash from time to time but FaceID contactless payments on my phone are 99% of all my payments now. I don’t even use my bank card! I keep £100 cash in the house just in case technology goes down.
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Can't remember last time I used a bank card.

Everything is on credit. And it's extremely rare I need cash. I hate cash. Always losing change. Getting given a penny back
 
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Semple said:
That sounds like a time to ditch nationwide. Cheque pay in via app has been around for years - need to move to a decent bank.

Like others on here, I haven't visited a bank in years so hardly surprising they're shutting up shop. Actually what was quite annoying was the missus had arranged a collection at work and got about half the amount in cash and the other half in bank transfers. The problem was we couldn't then find a branch to pay it in with :cry:.

As more and more things resort to card/online payment they should just reduce the cost of processing transactions so that as per the OPs complaint, independents working on a market stall can take payments, then finally do away with cash.
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The problem is for us the account benefits outweigh the hassle with cashing the odd cheque, and also the fact a branch is within half an hour away is relatively handy. Because its a joint account we get worldwide travel insurance, mobile phone insurance and AA breakdown cover for £13 a month along with some other fee and exchange rate perks.

But yes not having cheque pay in the app is mad.

I also agree with the points regarding reducing card transaction costs although there will always be those people wanting cash as to the HMRC the market stall only sold 3 tomatoes this week honest guv.
 
DampDog said:
Mini rant really..

Seems there is no end to the list of continuing Bank closures. Locally we've lost another 3 over the weekend. (Barclays X2, Natwest X1) Closest branch to me is now Hanley/Newcastle (Stokie) neither is a town centre you'd wish on your worst enemy. Basically druggies, drunks, vagrants and boarded up buildings. Natwest alone have closed Kidsgrove, Alsager, Tunstall, Bidulph, Sandbach. Plus all the other Banks have followed suit.

I don't know if it's a deliberate plan to bring cash transactions to an end or just rabid cost cutting by the banks? But it's wrecking the local economy in some places. There are tons on little weekend markets that have just vanished. Almost all the little towns around the Potteries had a weekend market of some sort for decades. Places that were bustling with people are now either dead or dying. Internet shopping has also wiped out what was a nation of shop-keepers. I'm sure it must be replicated across the UK. The Post-Office stopped doing current accounts a while back so I moved my ole mum's account to the Bank instead. Now they vanish by the day. She's become dependent on favours/fiends to get into town. It's OK say well you don't need a bank just use card but loads off old folk still like to use cash-money because it's what they know. I feel sorry for upcoming generation as they will think it's always been ***** like this. Not that these little high streets were once packed with folk.
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Basically you are saying because cash is going that tax dodging is going with it which is why people that needed that to survive are going? I sold something the other day for cash which I haven't had in my hand for nearly 2 years.

I went to pay it in my local Barclays bank only to see that they have a automatic money counter where you just pop your notes in and away you go. All from a hole in the wall.

There is literally little point to have physical banks in the internet age with teams etc.

Just like the horse shoe smithy that got wiped out by the car. It is time to let the high street die and regenerate centres with housing and social hubs.
 
iamdjdz said:
The problem is for us the account benefits outweigh the hassle with cashing the odd cheque, and also the fact a branch is within half an hour away is relatively handy. Because its a joint account we get worldwide travel insurance, mobile phone insurance and AA breakdown cover for £13 a month along with some other fee and exchange rate perks.

But yes not having cheque pay in the app is mad.

I also agree with the points regarding reducing card transaction costs although there will always be those people wanting cash as to the HMRC the market stall only sold 3 tomatoes this week honest guv.
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I only use my Nationwide account for the insurance - there is no minimum money in each month requirements, all my day to day banking is done elsewhere :)
 
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Jeez when they began closing them in my old part of London they stripped them down to 1 in each town center.

I'm glad they are becoming useful again. It makes good sense to combine several services in one building
 
Post Office/banking hub was supposed to be the way it was going but in many cases seems to just be straight up closures.

I don't think I've been in a bank since 2005.
 
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