Full list of Scots Santander branches closing THIS WEEK
Read on to see if your local branch is on the list
BANK BLOW Full list of Scots Santander branches closing THIS WEEK – check yours here
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A FULL list of Santander branches closing this week has been revealed.
Back in March, the popular banking chain revealed that it would be closing at least 95 sites across the UK.
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Santander currently has a branch in Peterhead
Credit: Facebook / Peterhead Live
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The bank also serves customers in Arbroath
Credit: Google Maps
The move, which put 750 people at risk of redundancy, comes as the industry continues to shift its focus to online and digital platforms.
Over recent years, Santander has seen a surge in their online banking, with over half of their new accounts being set up online.
Bank bosses also said that cash being sent by mobile banking has also gone up by 89 per cent.
They added that the amount of business done in brick-and-mortar branches has plummeted by 61 per cent, which has reduced the need for in-person services.
The following two branches in Scotland will be closing this week:
Peterhead - 16 June
Arbroath - 17 June
A statement on the Santander website reads: "We last did a major review of our branches in 2021.
"Since then, many of our customers are choosing to use Mobile, Online and Telephone Banking more, and branches less."
The vast majority of banking customers are moving online and don't need a physical branch as much as before.
But any closures can be an issue for others, particularly elderly people in rural areas who don't have access to the internet.
Popular bank with over 400 spots confirms it is shutting 18 branches in August – it follows 148 closures by rivals
However, if your local branch is set to close or has recently closed, there are other options.
Customers can carry out most basic banking tasks at their nearest Post Office.
However you won't be able to apply for a loan or open a new bank account.
You can find your nearest Post Office branch by using the locator tool on its website.
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