Each month extra branches are set to go in 2023. Must you transfer financial institution?
In 2023, a complete of 165 branches of Barclays will shut their doorways. And extra might observe.
Right here’s what it’s essential know in the event you financial institution with Barclays.
When are the banks closing?
Each few weeks plainly Barclays is saying extra branches will go. It’s a sneaky tactic that makes it appear like fewer are going than actually are. Right here’s what’s been introduced up to now. The record additional down the article tells you which ones branches are going and when.
late-August announcement – 15 locationsmid-August announcement – 9 locationsmid-July announcement – 14 locationslate-June accountement – 10 locationsearly-June announcement – 10 locationslate-Could – 12 locationsmid-Could – 15 locationslate-April 2023 – 11 areas early-April 2023 – 15 locationsMarch 2023 – 28 areas (over two bulletins)January 2023 – 30 areas (over two bulletins)December 2022 – 11 areas
All 165 branches are to shut by early November this yr. Some have already gone. And that’s along with the 184 that disappeared final yr.
You’ll find causes for every closure on the Barclays web site.
Opening instances are altering too
Since 7 August 2023 nearly all Barclays branches will open at 9.30am and shut at 3pm from Monday to Friday. They now shut at 1pm on Saturdays. There are a number of exceptions for branches in some procuring centres which keep open later within the week.
What to do in case your department is closing
Should you use your department
Should you do frequently go to a department it’s going to be unhealthy information. You may pay in and withdraw cash out of your native Publish Workplace, which may be sufficient, although there could also be limitations on how quantities per day.
Alternatively, you may open up one other account at a financial institution which does have an area department close to you (although that’s not at all times simple on the fee they’re going in any respect the banks).
Relying on the brand new financial institution you select, in the event you additionally change (which is able to shut your current Barclays account), you may be capable to nab a switching bonus of as much as £200 from the opposite financial institution.
Plus all of your Direct Debits, standing orders and funds into your account might be moved over for you, so that you received’t want to alter something manually.
Nevertheless you don’t want to change to entry one other department – you may simply open an account with that financial institution direct.
Should you don’t use your department
The rationale the branches are closing is that only a few Barclays transactions are carried out in individual. So in the event you do every little thing on-line, you’re most likely not going to fret about dropping entry to a department’s services.
In that case you don’t need to do something, and may maintain your Barclays account. Should you do, be sure to’ve joined the Barclays Blue Rewards scheme to entry the 5.12% paying Wet Day saver account – it’s one of many highest paying financial savings accounts on the market proper now.
Andy’s Prime Reward Present Accounts
Which Barclays Financial institution branches will shut in 2023? (a-z)
late-August 2023 announcement
mid-August 2023 announcement
July 2023 announcement
June 2023 announcement
Could 2023 announcement two (19/5/23)
Could 2023 announcement one (12/5/23)
April 2023 bulletins
Second March 2023 announcement
First March 2023 announcement
Second Jan 23 announcement
Dec 22 and first Jan 23 bulletins
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