HSBC is closing 114 bank branches this year – full list of closures in 2023
HSBC is closing 114 bank branches this year
PA
With customer habits continuing to migrate from physical to digital banking, HSBC UK has set out plans for its branch network in 2023
HSBC is among the many banks to close bank branches, shutting 114 of its locations in 2023.
HSBC said the decline of in-branch banking has accelerated so much since the COVID-19 pandemic that some branches which are set to close serve fewer than 250 customers a week.
The bank said use of its branch network by regular customers has fallen by 65 per cent over the past five years.
HSBC said the decline of in-branch banking has accelerated since COVID-19
PA
Jackie Uhi, HSBC UK’s Managing Director of UK Distribution, said last year: “People are changing the way they bank and footfall in many branches is at an all-time low, with no signs of it returning.
“Banking remotely is becoming the norm for the vast majority of us. Not only can we do it anywhere at any time of day or night, many more things can be done at the customers’ convenience and don’t rely on a branch visit.”
HSBC said footfall in the “vast majority” of closing branches has reduced by at least 50 per cent.
While the bank said branches “will continue to play an important role in day-to-day banking, HSBC data shows more than nine in 10 transactions now being completed digitally.
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However, not everyone will want or be able to use online or mobile banking options.
HSBC has told customers that in addition to the branch network, customers can access banking services through the Post Office, its Community Pop-ups as well as “soon-to-come” Banking Hubs.
People can also access the bank via Live Chat, social media and telephone banking, according to HSBC.
Ms Uhi added: “Our commitment to supporting the UK’s new banking hubs and other community access to cash initiatives under development remains steadfast and we look forward to significant and quicker progress being made in 2023, now much of the groundwork for setting up Cash Access UK Ltd, has been done.”
LATEST DEVELOPMENTS:
HSBC customers may decide to carry out their banking via the app or online
PA
Full list of HSBC bank branch closures in 2023
- Market Place, Blandford Forum - April 18, 2023
- Devonshire Road, Bexhill-On-Sea - April 18, 2023
- Market Hill, St Ives - April 18, 2023
- Fore Street, St Austell - April 18, 2023
- Frogmore Street, Abergavenny - April 18, 2023
- Church Street, Cromer - April 18, 2023
- The Commons High Street, Shaftesbury - April 25, 2023
- Badminton Road, Downend - April 25, 2023
- Market Pl, Market Bosworth - April 25, 2023
- 74 High Street, Alton - April 25, 2023
- Broad Street, Leominster - April 25, 2023
- Railway Road, Coleraine, Northern Ireland - May 2, 2023
- Bank Square, Wilmslow - May 2, 2023
- Alexandra House, The Quay, Bideford - May 2, 2023
- Market Place, Gainsborough - May 2, 2023
- Whitley Road, Whitley Bay - May 2, 2023
- Broad Street, Launceston - May 2, 2023
- Biggin Street, Dover - May 9, 2023
- High Street, Brecon, Wales - May 9, 2023
- Front Street, Arnold - May 9, 2023
- Broadway, Didcot - May 9, 2023
- Wellington Square, Minehead - May 9, 2023
- Market Street, Brighouse - May 16, 2023
- King Street, Stroud - May 16, 2023
- Baxtergate, Whitby - May 16, 2023
- 1 High Street, Stamford - May 16, 2023
- Great Cornbow, Halesowen - May 16, 2023
- East Street, Bridport - May 23, 2023
- Church Road, Hove - May 23, 2023
- Market Hill, Sudbury - May 23, 2023
- Barras Street, Liskeard - May 23, 2023
- Market Place, Fakenham - May 23, 2023
- Gloucester Road, Filton - May 30, 2023
- Murraygate, Dundee - May 30, 2023
- 109 High Street, Waltham Cross - May 30, 2023
- Hinckley Road, Leicester - May 30, 2023
- High Street, Market Harborough - May 30, 2023
- High Street, Stourport-On-Severn - May 30, 2023
- Market Place, Frome - June 6, 2023
- Meadow Lane, Portadown, Northern Ireland - June 6, 2023
- Princess Street, Knutsford - June 6, 2023
- Murray Place, Stirling, Scotland - June 6, 2023
- Beaufort Square, Chepstow, Wales - June 6, 2023
- Market Place, Pocklington - June 6, 2023
- High Street, Skipton - June 13, 2023
- Herbert Terrace, Stanwell Road, Penarth, Wales - June 13, 2023
- High Street, Honiton - June 13, 2023
- Wells Road, Ilkley - June 13, 2023
- Market Place, Sleaford - June 13, 2023
- Fowler Street, South Shields - June 13, 2023
- London Road, Twickenham - June 20, 2023
- Gloucester Road, Ross-On-Wye - June 20, 2023
- Sheep Street, Bicester - June 20, 2023
- High Street, Oakham - June 20, 2023
- Market Place, Wells - June 20, 2023
- Fore Street, Hertford - June 20, 2023
- Station Road, New Milton - June 27, 2023
- High Street, Lewes - June 27, 2023
- High Street, St Neots - June 27, 2023
- Molesworth Street, Wadebridge - June 27, 2023
- Commercial Street, Pontypool, Wales - June 27, 2023
- New Market, Beccles - June 27, 2023
- High StreetPortishead - July 4, 2023
- North StreetLeatherhead - July 4, 2023
- Aldermans Hill, Palmers Green - July 4, 2023
- High Street, Coalville - July 4, 2023
- Victoria Square, Droitwich - July 4, 2023
- Market Place, Long Eaton - July 11, 2023
- Middle Road, Southampton - July 11, 2023
- Station Road, Port Talbot, Wales - July 11, 2023
- Market Street, Kingswinford - July 11, 2023
- North StreetWetherby - July 11, 2023
- Bromborough Village Road, Brombrough - July 18, 2023
- Town Street, Horsforth - July 18, 2023
- 189 High Street, Gosforth - July 18, 2023
- High Street, Bognor Regis - July 18, 2023
- High Street, Marlow - July 18, 2023
- High Street, Harpenden - July 18, 2023
- High Street, Christchurch - July 25, 2023
- Sutton Park Road, Seaford - July 25, 2023
- Church Street, Ripley - July 25, 2023
- High Street, Tonbridge - July 25, 2023
- 91 High Street, Blackwood, Wales - July 25, 2023
- Mile Cross Lane, Norwich - July 25, 2023
- Canford Lane, Westbury-On-Trym - August 1, 2023
- Upper Richmond Road, Putney - August 1, 2023
- Stamford Street, Ashton-Under-Lyne - August 1, 2023
- Moor Street, Ormskirk - August 1, 2023
- The Square, Kenilworth - August 1, 2023
- High Street, Reigate - August 8, 2023
- High Road, North Finchley - August 8, 2023
- Market Place, Cirencester - August 8, 2023
- Market Place, Henley-On-Thames - August 8, 2023
- Vale Street, Denbigh, Wales - August 8, 2023
- Finchley Road, Hampstead - August 15, 2023
- Market Place, Chippenham - August 15, 2023
- Bethnal Green Road, Bethnal Green - August 15, 2023
- High Street, Hornchurch - August 15, 2023
- Conway Road, Colwyn Bay, Wales - August 15, 2023
- Cornhill, Dorchester - August 22, 2023
- Queen Street, Morley - August 22, 2023
- Market Place, Wymondham - August 22, 2023
- Union Street, Ryde,- August 22, 2023
- High Street, Windsor - August 22, 2023
- Llandennis Road, Rhyd-Y-Penau, Wales - August 29, 2023
- Nottingham Road, Eastwood - August 29, 2023
- High Street, Leighton Buzzard - August 29, 2023
- High Street, Cowbridge, Wales - TBC
- Market Place, Settle - TBC
- Station Road, Oxted - TBC
- Market Place, Epworth - TBC
- 1 The Square, Holsworthy - TBC
- 17 The Marsh, Hythe - TBC
- Tudor Square, Tenby, Wales - TBC