Major high street bank to close five Scottish branches from November

The Bank of Scotland is set to close five other banks between November and 2024.

Owner Lloyds Banking Group is closing branches across England, Scotland and Wales.

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Those that closed included Halifax, Lloyds and Bank of Scotland banks.

Data from the UK’s largest network of cash machines, LINK, tracks any branch closure plans across the UK.

The first bank from this latest group is in Dundee and will see one Scottish bank close on November 1, with the rest due early next year.

Other areas affected include Dunoon, Govan and the Isle of Harris.

The closures follow a surge in customers at major high street banks turning to online and app-based banking.

Here’s the Bank of Scotland’s latest round of closures:

• Bank of Scotland, Dundee, November 1
• Bank of Scotland, Dunoon, December 5
• Bank of Scotland, Govan, 9 January 2024
• Bank of Scotland, Isle of Harris, 22 January 2024
• Bank of Scotland, Lochmaddy, February 26, 2024

Last week, Barclays announced it would close 14 branches this year.

Three of its Scottish branches will close in October across Dundee and Angus.

And just before that, Natwest revealed that it would be shutting down operations in another 34 locations across the UK.

It brings the total number of Natwest branches closed this year to 126.

Many people, especially the elderly, still rely on face-to-face services, and closures will make it harder for these people to access services.

But there are still some ways that affected customers can access basic banking services without having to venture to the next town.

If the most recent closure left you without a bank in your town, you should be able to do most basic tasks at your local Post Office.

You can use one of the Post Office’s nearly 12,000 branches to perform basic banking tasks — but not open new bank accounts or get personal loans and mortgages.

Many banks also offer mobile banking, which is where your bank takes the bus to your local area whose services are normally available at your branch.

You should contact your bank to see if it offers such a service and they should be able to tell you where and when it will be parked.

Other banks use buildings such as village halls or libraries to provide mobile banking.

Banking hubs, which offer traditional sharing services, have also been set up in several locations across the UK to help bridge the gap – including Brixham, Cambuslang, Cottingham and Rochford.

In the meantime, we’ve put together the full list of locations where banks are closing this summer.

Also, see all branches that will be closed throughout 2023.

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