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Birmingham Post
Birmingham Post
Business
Owen Hughes

Barclays closing two branches in Wales

Barclays has announced it is closing two branches in North Wales.

The banking giant will shut sites in Prestatyn and Flint this April and May.

They said it was due to falling customer use as people move to online.

Lisa McCormick, Barclays market director for North Wales, said: “The decision to close a branch is never an easy one.

"However, customers are increasingly using alternatives to branches to do their banking. As a result, we are seeing a sustained fall in branch visits across the UK.

Barclays in Flint is closing (Ian Cooper, Reach PLC)

“This is reflected at the Flint branch where there has been a 13 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (82 per cent) of our customers at the branch are also using different ways to bank.

“We will work with our customers and provide alternative options to ensure they can continue to manage their money and receive financial expertise when required."

On Prestatyn she added: "There has been a 14 per cent reduction in counter transactions in the two years to March 2020. In addition, over four fifths (84 per cent) of our customers at the branch are also using different ways to bank."

Prestatyn is losing three banks in five months with HSBC and TSB sites also closing.

Vale of Clwyd MP Dr James Davies said: "Today’s news is a huge blow for Prestatyn, particularly coming one week after HSBC’s announced closure and I have called for an urgent meeting with Barclays to discuss their decision and to emphasise the current situation in the town.

“Whilst I appreciate that in recent years there has been a surge in the use of online banking, there are still people, particularly the elderly, who like to bank in person."

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