Banks must review branch closure impact under new deal
Banks must investigate alternative arrangements for customers before closing the last bank in town, under a new agreement.
Free-to-use cash machines, banks on wheels and the use of local Post Office branches could all be solutions.
The move expands a former voluntary agreement to help vulnerable customers when towns and villages become bank-free.
Simon Gompertz reports from Radcliffe-on-Trent, where the last bank has recently closed.
26 Mar 2015
- From the section Business