A town in a tourist hotspot is set to lose nearly all its banks this month.
Windsor will see two popular bank branches close this August, with concerns about what it means for the population.
Many have spoken out about the concern for the older population, with the banks giving a switch to online and mobile banking as their main reason for closing.
On Wednesday, August 23, Barclays will be closing its branch in its prime location opposite Windsor Castle on the High Street.
In May the company made it known that changes in customer behaviour had led them to the decision to close the branch.
A Barclays Local pop-up site will be implemented thereafter, which will be cashless but provide the opportunity for individuals to meet colleagues face-to-face.
Just a few doors down, HSBC is also set to close on August 22.
READ MORE: All the banks closing this year in Slough, Windsor and Maidenhead
In April HSBC announced their plans to close 114 branches.
Jackie Uhi, HSBC UK’s Managing Director of UK Distribution, said: “People are changing the way they bank and footfall in many branches is at an all-time low, with no signs of it returning.
"Banking remotely is becoming the norm for the vast majority of us.
“The decision to close a branch is never easy or taken lightly, especially if we are the last branch in an area, so we’ve invested heavily in our ‘post closure’ strategy, including providing free tablet devices to selected branch customers who do not already have a device to bank digitally, alongside one-to-one coaching to help them migrate to digital banking.”
With HSBC and Barclays both closing their doors to Windsor residents this month it means there will now be just one bank left in the town.
Handelsbanken is a Swedish bank located on William Street.
Those wishing to visit another bank in person will need to visit neighbouring towns or visit a local pop-up location.
Nationwide Building Society continues to provide its financial services to the town.
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