Banks and Building Societies

It is becoming a problem for some isn't it?

Living in the county town we have access to all the big banks, most big building societies/banks although they have closed smaller branches at parades, don't know what else to call them, on more local shop areas. We also have a Metro Bank, great service in there 7 days a week til late, free use of coin counter, dog friendly always treats and water 😉.

The small market town I went to school in has lost banks and now only has one bank and building society bank, fortunately my mum was already with them both. These days she rarely uses them in person, she felt to vulnerable withdrawing cash and now doesn't go into town on her own anyway. My brother and I sort her shopping and cash then she gives us cheques.

Our son rarely visits a shopping centre let alone a bank so I can see it only getting worse. He doesn't work in town and weekends etc are busy.

I didn't know you could pay money  the post office. Is that for any bank? I knew you could withdraw money - ocassion lly mum does at her post office. 

Metro Bank seem to be going from strength to strength maybe it's the service, maybe it's the products? I' certain that wanting your custom and thus opening in ine with high street trading must help. Ours even has safety deposit boxes - a facility not one other bank in town offers!

Maybe the closures are down to business practices and profit margins 😉😉

 

Our small town lost it's only bank last year. Retail businesses are finding it almost impossible to pay in their takings etc. at the only Bank for miles around in another town. Apparently this bank is so overwhelmed by customers, that people have to make a timed appointment to be able to do any banking business. -- Not Good 

K 

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Yes, I sometimes use the PO to pay in money.  The P.O. provide envelopes for my bank so it’s a relatively painless experience 

Timed appointments for banking 😲 That's quite telling in itself isn't it? Is it greed or wanting out of personal banking? 

Once again it's the 'little' man bearing the cost, petrol, time, parking fee, where and tear on the vehicle etc.

We all know, and there's evidence of, electronic payment methods and online failing for long periods..........

Do you think we'll return to hoarding cash under the mattress? Along with modern banking.

I'm making something that requires weights in the hem 78p a single weight about 50p size but heavier or £1.95 for a metre where it's long and thin. I'm using coins of the realm as it works out cheaper 😂😂😂😂😂😂😂 what does that say about our economy?

They're not always easy to find either these days.

Even in the county town we don't have a post office it's upstairs in W H Smith. Luckily we have a sub branch in our local street,  they offer other services too 😃, fabulous service and friendly family run 😆

It's very seldom that cash is needed these days because most things can be paid easily by card and contactless has made that whole lot easier when it comes to small payments. For me, the difficulty is paying money in because I collect a lot of coins through drop money and tips which weigh too heavily if I keep them. So I need cash deposit facilities.

Well Malcolm you could try a post office if that's closer to home. It taking a few days to hit your account shouldn't be an issue as your other payments come into the bank direct. Would save on fuel too, driving and circling 😉.  Better for the environment too 😃

i cant give my 8 year old granddaughter any pocket money with a card or contactless payment. She will only accept cash.

Good for her 😆.

As I've said on another thread children learn with physical evidence not abstract. If you'e got £1 you can only spend £1, less if you like and have change 😉. Spend some save some motto easier too. 

I can still recall when as a child I asked my dad for something and his reply was I don't have any money. Whatever I wanted hasn't been remembered so it can't have been that depriving 😉.  I said go to the bank, they give you money. In those days you had to cash a cheque. I had no concept that it needed to be there before you could have any. (Not quite the same these days when loans and overdrafts on shoved at you from every which angle 😉😉)