NatWest and RBS to shut doors on another 19 branches amid shift to digital banking
NatWest and RBS join hundreds of high-street banks closing their branches- see the full list of closures.
NatWest and Royal Bank of Scotland (RBS) have named a further 19 branches that will shut in 2024 in addition to 142 already set for closure this year as the brand claims more customers are moving to digital banking.
There have been 578 branch closures across the UK alone this year - Barclays leads with 185 site closures in 2023, followed by 112 Lloyds branch closures and 72 Halifax sites closing their doors.
NatWest says the decision to close a further 19 branches comes as the average number of transactions made in its group branches fell by 60% in the four years to January 2023, as more customers use the app for banking.
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It might be worth switching banks if you are looking for a branch near you, with Nationwide offering up to £200 when you switch to them.
Find out if a Natwest or RBS branch is closing near you.
Full list of Natwest and RBS branch closures in 2024
The Natwest Group has announced 18 NatWest branches will close on various dates across the UK in 2024 and one RBS branch in Sauchiehall Street, Glasgow, that will shut on 19 November 2024.
Here is a full list of Natwest site closures in 2024.
Branch site | Date of closure |
---|---|
London – Chiswick High Road | 20 February |
Redcar – High Street East | 20 February |
Bradford – New Line | 21 February |
Surbiton – Victoria Road | 21 February |
Bakewell – Water Lane | 22 February |
Greenwich – Greenwich Church Street | 22 February |
Ormskirk – Moor Street | 27 February |
London – Station Parade | 27 February |
Morecambe – Marine Road Central | 28 February |
Wednesfield – High Street | 28 February |
Pontypridd – Taff Street | 29 February |
Rickmansworth – High Street | 29 February |
Birmingham – Bristol Road South | 5 March |
Liverpool – Prescot Road | 5 March |
London – Piccadilly | 6 March |
Rochester – High Street | 6 March |
Dudley – Castle Street | 7 March |
Maldon – High Street | 7 March |
Where can you bank if a branch near you has closed?
While switching bank accounts to find a bank that has a branch near you is an option, there are easier ways to bank if you prefer to go to a branch and do your banking.
You can bank money at any Post Office’s 11,635 branches across the UK.
Due to branch closures, a rise in banking hubs are appearing across the county. Banking hubs let you deposit and withdraw money regardless of where you bank.
The counter service is operated by the Post Office, which is open Monday to Friday for high-street bank and building society customers.
For more pressing issues, the banking hubs also have private rooms where customers can speak with community bankers.
There are plans for 61 banking hubs to open across the UK, with seven already open.
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Vaishali has a background in personal finance and a passion for helping people manage their finances. As a staff writer for MoneyWeek, Vaishali covers the latest news, trends and insights on property, savings and ISAs.
She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury.
Before joining MoneyWeek, Vaishali worked in marketing and copywriting for small businesses. Away from her desk, Vaishali likes to travel, socialise and cook homely favourites
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