Bank Closing Down

[BBC]

Informed yesterday by our Lloyds relationship manager, who was the reason we moved our banking to Lloyds a few years ago on the advice of our accountant and has been very good and helpful and just comes out once a year to see us and then leaves us in peace, that with changes at Lloyds that in future we will be looked after by a central customer relationship centre in Birmingham. For our annual review we will now have to send them the information they want and review will be done over the phone ..... He will now only be offering a more personalised service to businesses over £4 million turnover. He didn't sound happy about it!

Used to have both Barclays and Lloyds, but as of last year now got neither, although Lloyds do have a mobile bank that comes three times a week.

Most of what we do is now electronic, but the Post Office is good for paying in the odd cheque, but have to time it right to avoid getting behind any local shop owner paying in cash ...

 

[msheep66]

Annoyingly our local stock market Welshpool still pays out cheques instead of BACS.

 

[ollie989898]

These branches have become largely pointless now. Can do all I need online or over the phone.

 

[Lincs Lass]

Nat West closes here in June ,lloyds are closing 5 branches ,one in Hull,Mablethorpe,Coningsby ,more to follow

 

[David.]

Annoyingly our local stock market Welshpool still pays out cheques instead of BACS.

In the knowledge that you will get it usually on a friday or saturday, then like most farmers, leave it on mantle 'till next time someone goes to town. Gains them a lot of credit I reckon.

 

[Frank-the-Wool]

Have a look at Thursday . Never used it myself but worth a thought maybe.

https://personal.natwest.com/personal/ways-to-bank/mobile-branch/kent-and-east-sussex.html

Apparently Thursday is the day when all the oldies go for a lunch at he Village hall so it works well as long as you are not in a hurry!!

 

[wasted years]

I've been with the C/dale now for at least 10 years and have never visited their branch.
Proper manager that just does farming with fast service.
Very good.

 

[Riverblue]

Not sure exactly where you are based, but Lloyds do use mobile branches in areas where they have closed high street branches. Ours closed about a year ago but we have the mobile branch visit 3 times a week

Your very lucky, the mobile bank comes here to us in West Wales once a week for 30min. Only one Lloyds bank left in the county in Lampeter. None north on the west side of Wales until Bangor which is 110 miles away!!!

 

[Farmer Roy]

In the knowledge that you will get it usually on a friday or saturday, then like most farmers, leave it on mantle 'till next time someone goes to town. Gains them a lot of credit I reckon.

All payments now are electronic, but back when we were paid by cheque for grain, a local grain trader went bust ( I lost $100K but that's another story ). At the creditors meeting I was talking to another farmer. He HAD been paid for his grain, but because it was near the end of the financial year he didn't want to bank it until after the new financial year. He had the cheque sitting in his desk for weeks before the grain trader went bust. Suffice to say, that cheque suddenly became worthless . . . Found it hard to have any sympathy for him

 

[kfpben]

Online transactions/Apple Pay etc etc are all fine in theory but what happens when Putin & co go full cyber war fare on us?

Our sister business was recently victim of a ransomware cyber attack. It wasn’t pretty!

 

[Farmer Roy]

Online transactions/Apple Pay etc etc are all fine in theory but what happens when Putin & co go full cyber war fare on us?

Our sister business was recently victim of a ransomware cyber attack. It wasn’t pretty!

I wouldn't worry
If there is a full on cyber attack, the whole banking system will be at risk, regardless of what you do.
The only way to avoid that is to go 100 % cash only . . .

 

[kfpben]

I wouldn't worry
If there is a full on cyber attack, the whole banking system will be at risk, regardless of what you do.
The only way to avoid that is to go 100 % cash only . . .

Sounds like a plan!

 

[Hilly]

My branch is 60 miles away, ive never once been ! know address but couldn't find it without a map.

 

[chickens and wheat]

Invoices that give me bacs details get paid quickly as I want them filed in xero and done, Invoices who want paying by cheque tend to get filed away until I have a pen pushing day

 

[Hilly]

Invoices that give me bacs details get paid quickly as I want them filed in xero and done, Invoices who want paying by cheque tend to get filed away until I have a pen pushing day

I hate cheques now either way, i find very few require them now, cant remember the last time i wrote one but believe it not the last one i got and had to do the 25 mile round trip to cash it was off the feking government for road tax rebate.

 

[Still Farming]

South Wales Argus

Here's a list of the local branches set to close

www.facebook.com

 

[ollie989898]

I do wonder what the game of councils is. They complain about the death of the high street but you try actually using the fudgine high street.

Nowhere to park or punitive parking charges. Clean air zones in some cities, another fudging tax. Use the bus, pay your share. Just hope it is on time. No bus shelter of course so if it's pishing down you get drenched. Happens to me routinely now. Not so clever when you've a laptop in your bag that doesn't respond well to water ingress.

 

[D14]

I am sure this has been covered before, but our local branch of Lloyds is closing down, meaning the next closest will be a 30 mile plus round trip.
I still seem to go to the Bank every week. I could insist on everyone paying by BACS but that might be difficult, I also get paid cash occasionally.

I can pay into the Post Office, but there is always a queue there and I think it takes longer for cheques to clear.
I believe the only bank that will be left in our local town will be Nationwide. Has anyone any experience of them as I am tempted to move some accounts to them?

Why are you paying cash in?

 

[Tarw Coch]

I do wonder what the game of councils is. They complain about the death of the high street but you try actually using the fudgine high street.

Nowhere to park or punitive parking charges. Clean air zones in some cities, another fudging tax. Use the bus, pay your share. Just hope it is on time. No bus shelter of course so if it's pishing down you get drenched. Happens to me routinely now. Not so clever when you've a laptop in your bag that doesn't respond well to water ingress.

Post offices are another, everyone seems to support saving them but the government then take away their work, can’t get a TV license there any more, can’t get your pension from there any more, I’m sure there are other things too.

The post office my mother used to pick her pension up from was also a village shop, she would also spend some money in the shop whilst picking the pension up. Now it’s paid into the bank she doesn’t go there very often so a village shop is losing out on a small bit of trade which may well be multiplied up by many other pensioners. Then the great and the good will be moaning about the loss of rural shops, post offices etc, a bit of support from the government in giving folk an opportunity/reason to use them would help their survival

 

[Wombat]

I do wonder what the game of councils is. They complain about the death of the high street but you try actually using the fudgine high street.

Nowhere to park or punitive parking charges. Clean air zones in some cities, another fudging tax. Use the bus, pay your share. Just hope it is on time. No bus shelter of course so if it's pishing down you get drenched. Happens to me routinely now. Not so clever when you've a laptop in your bag that doesn't respond well to water ingress.

i thought you liked taxing everyone