All news on the topic: High Street Banks

According to Lloyds Banking Group, only 8% of its more than 21 million banking customers choose to bank with them exclusively through its high street branches, whilst four our of five now use online banking

Over the last decade, more and more banks have announced branch closures as people choose to do their banking online and since 2015 around 6,000 branches have shut their doors for good

The recent Money Saving Expert (MSE) newsletter, which came out just before Christmas, shared the success stories of several people who had followed Martin Lewis' advice

By the end of this year, 630 high street bank branches will have closed - this is a 46% increase on the 431 banks that were lost on the high street in 2022

In the UK, the total number of free to use cash machines currently stands at 37,836, down from over 53,000 in 2018 - this marks a 30% decrease, say the Association of Convenience Stores

By the end of September, NatWest, HSBC, Lloyds and Barclays had combined profits almost topping £40billion, according to analysis of the banks’ public accounts by Unite

NatWest shared a noticed on its app informing account holders that a major update would be taking place on Sunday, October 29

NatWest has already closed four sites in October, with another two pulling down the shutters today - a further 13 branches will then shut by the end of the month

The move from Barclays will affect thousands of expats with a UK current or savings account, with customers being given six months' notice to move their money

NatWest has confirmed there was an issue with its cash machines on Thursday, which it has now resolved, and says no customer will be left out of pocket following the error

From today, people who move their current account banking over to Nationwide will receive £200 - they will also be able to grab themselves the best-paying savings account in the last 10 years

Bank closures have become the norm over the last few years as more people choose to do their banking online rather than in a branch

In 2023, 427 bank branches have closed, with 220 scheduled later this year - and this trend being allowed to continue would have stark consequences, writes Gary Smith

To be eligible, you must have had an open TSB account as of September 9 - including a personal or business current account, savings account, credit card, loan, home insurance policy or mortgage

Banks regularly offer “switch bonuses” to entice new customers to move their current account over to them - and one woman took advantage to make £2,000 in just a year

Analysis shows 636 branches open at the start of 2023 will shut by December, and branch numbers have halved from 10,000 in 2013 to fewer than 5,000, sparking fears for the future

Customers get £125 if they open a Spend & Save or Spend & Save Plus account after July 10, then use the Current Account Switch Service (CASS) to move to TSB before August 31, 2023

UK banks can close accounts if they believe it is linked to illegal activities, fails the contract terms, or has bad credit - but how do banks know which accounts to close?

Banks and building societies have closed, or have scheduled to close, a total of 5,695 branches since January 2015 - so which lenders have already announced they will close sites for good in 2023?

Nationwide - which has 16.3 million customers worldwide - will pay out £340million in total, directly into customer accounts from this Tuesday, June 13

The latest current account switch data is in from Pay.UK - but where are people switching to, and which banks are being ditched? See the full list below and tell us what you think

A study has revealed young adults are becoming fed up with high-street banks - and are looking at other options, like cryptocurrency or shares

Labour's Alex Davies-Jones triggered a Commons debate about the wave of closures sweeping villages and town and city centres as people switch to cashless online transactions

Switching banks has always been seen as a "quick and easy" way of making a little extra cash as banks usually offer an incentive for newbies to sign up and several banks have introduced new offers over the last few months

The battle between high street banks to attract current account customers is beginning to heat up again as the list of banks bringing in switching incentives like this is growing