Which ptsb branches will close

TSB, which is owned by Spanish lender Banco Sabadell, has been dogged by technical problems, with an IT failure in leaving up to 1. Customers were moved on to a new system, but an investigation found it had not been tested properly before going live. As recently as last month users were unable to access online banking. And last year, a "processing error" meant wages and other payments were not paid into some TSB customers' accounts. TSB to close 82 branches next year to cut costs.

TSB customers' anger at online banking issues. Co-op Bank to shed jobs and close branches. Natwest to cut jobs in branches. Image source, Getty Images. Natwest to cut jobs in branches Co-op Bank to shed jobs and close branches. It said branches with the lowest footfall would go. Technical problems. It comes as less customers visit physical branches, with more people using online banking services instead. In total, TSB expects roles will be lost - although it is creating digital and customer services roles at the same time.

TSB last closed branches in November when it shuttered 82 sites. The bank previously said that many of the branches earmarked for closure are in rural communities. Here's the branches earmarked for closure and the dates they will close:. TSB explained that the branches it wants to close have low numbers of people visiting, with fewer than regular customers in some banks.

We use cookies to allow us and selected partners to improve your experience and our advertising. By continuing to browse you consent to our use of cookies. You can understand more and change your cookies preferences here. TSB has revealed plans to close a further of its branches next year, putting jobs at risk. This is in addition to the 82 branches that the bank is already closing this year. This marks a rapid acceleration in closures for a bank that had closed just 98 branches in the previous five years.

In fact, as a result of these closures, next year will see Scotland overtake the South East as the region with the highest volume of bank closures. It will also meant that two more local authorities Glasgow North East and Jarrow are down to their last bank branch.