Barclays To Close More UK Branches, Promotes Digital Banking By March 2024
Barclays has revealed plans for an additional closure of 16 branches in the United Kingdom by March 2024, marking a further reduction in its physical presence. This decision is in line with the bank's broader strategy to shut down nearly one-third of its branches by the next year due to a continuous decline in in-person visits.
Customers residing in areas impacted by these closures, including Eltham, Cobham and Liscard, are being encouraged to transition to online banking or utilise alternative branches. Barclays is committed to supporting customers during this transition through its Barclays Local initiatives, providing flexible access to face-to-face banking services at pop-up sites in community centers and libraries.
To ensure continued access to essential banking services, Barclays plans to have over 200 pop-up sites across the country. These sites are designed to complement traditional post office services, facilitating financial transactions such as deposits and withdrawals.
In addition to offering alternative banking solutions, Barclays is prioritising assistance for customers in adapting to digital platforms. The bank is extending digital skills workshops and organising events to raise awareness about fraud and scams. These efforts aim to educate customers on securely managing their financial needs in an increasingly digital environment.
This recent announcement follows an earlier report today, shedding light on Barclays' planned closures and their impact on communities. Customers in areas like Farnham are advised to prepare for these changes by exploring online banking options or seeking face-to-face assistance at remaining branches or through Barclays Local services.
While specific closures, such as those in Dereham and South Woodford, were mentioned in the earlier report without an official statement from Barclays, the bank has assured that services will remain accessible at post offices. Notably, one closure confirmed is Wallasey's branch, scheduled to cease operations by 28 March 2024.
