Another Town Strangled By Bank Branch Closures!

This sign is in the window of a retailer in the small but bustling town of Callandar in Scotland.

The retailer prefers cash - and makes clear the reasons why.

The last bank branch in this town will close in November 2024 - and no “bank hub” is to be provided.

Towards the end of the notice you will read that this retailer believes that if businesses take more cash and deposit it via bank branches, whilst also getting coins for their till floats, those branches will stay open.

If only…

The Payment Choice Alliance has travelled up and down the UK, visiting many such towns.

There is absolutely NO evidence that how busy a bank branch is dictates whether or not they stay open.

Busy branches are being closed.

In this Scottish town, there are still over 60 business of all kinds - including local bakers and butchers - serving their community.

All currently accept cash.

But there will soon only be a 5 day a week post office, in an off-pitch location, providing face-to-face cash and other banking services.

Let’s not mince words.

It is an absolute and utter disgrace that communities like this have been deserted by banks.

The local public and businesses have been horribly let down.

BUT it is NOT too late.

“Cashless” WILL be discredited as a concept by the end of 2025 - and community financial service provision WILL be restored.

That is what the British public have made clear to the Payment Choice Alliance that they want - and that is what they are going to get!