Barclays halts ‘last in town’ and remote branch closures in UK for two years

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Barclays has pledged not to close branches in remote areas of the UK or where it is the last bank in town for the next two years&period;<&sol;p>&NewLine;<p>The bank is also launching a new cashback scheme enabling people to withdraw money at small businesses – but said that from 2020 its customers will no longer have a facility which allows them to withdraw cash over the counter at Post Offices&period;<&sol;p>&NewLine;<p>The bank’s new cashback scheme should make it easier for customers to withdraw money at businesses in remote towns and areas without a branch or ATM&period;<&sol;p>&NewLine;<p>Barclays said the freeze on remote and &OpenCurlyQuote;last bank in town’ closures will see more than 100 branches ring-fenced so that they remain until at least October 2021&period;<&sol;p>&NewLine;<p>It is also exploring ways to boost demand in branches generally&comma; starting initially with pilots in 12 areas&period;<&sol;p>&NewLine;<p>Barclays said it remains &OpenCurlyDoubleQuote;committed to the Post Office framework” and customers and businesses will still be able to pay in cash&comma; cheques and check their balance – but the facility for over-the-counter cash withdrawals will end from January 2020&period;<&sol;p>&NewLine;<p>Cash withdrawal by cheque will still be available&comma; subject to arrangement&period;<&sol;p>&NewLine;<p>It is writing to affected customers about the changes&period;<&sol;p>&NewLine;<p>Adam Rowse&comma; managing director of branch-based banking at Barclay&comma; said&colon; <em>&OpenCurlyDoubleQuote;By maintaining last-in-town or remote branches over the next two years&comma; and working with the community&comma; we hope to increase demand and keep these branches viable&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;We also recognise that there are opportunities to support customers with access to cash where there is no branch or ATM nearby&period;<&sol;em><&sol;p>&NewLine;<p><em>&OpenCurlyDoubleQuote;We are launching a cashback offering working with merchants to give customers access to cash over the counter&period;”<&sol;em><&sol;p>&NewLine;<p>Barclays’ new cashback scheme will enable customers to withdraw cash at businesses in remote towns and areas where there is no branch or ATM alternative within 1km&period;<&sol;p>&NewLine;<p>It will launch in more than 200 locations from January 2020&period;<&sol;p>&NewLine;<p>Meanwhile&comma; Barclays is trialling how it can work with customers and communities&comma; including MPs&comma; councillors and business groups&comma; to see if customer demand can be increased&comma; which would help to make branches more viable in the longer term&period;<&sol;p>&NewLine;<p>The 12 trial locations include Pickering and Yarm in Yorkshire&comma; Wombourne in Staffordshire and Risca in South Wales&period;<&sol;p>&NewLine;<p>Part of the trial includes flexible branch opening hours and making technology available to extend services such as video banking&period;<&sol;p>&NewLine;<p>Mr Rowse told the PA news agency&colon; &OpenCurlyDoubleQuote;We really want to focus on engaging customers in the local community&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;New technology allows even the smallest branch to become a full-service branch&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We use video technology so our specialists across the country can help people with buying a home or starting a business or borrowing through a business or needing help or advice&period; That’s what we’re looking to do&period;”<&sol;p>&NewLine;<p>He said successes in the 12 trial areas could be quickly rolled out to other branches&period;<&sol;p>&NewLine;<p>Mr Rowse continued&colon; &OpenCurlyDoubleQuote;We believe in the future that branches will be a lot more about education – about helping people with those things that are the most important in their life – whether it’s&colon; &OpenCurlyQuote;I’m opening my first account’ or&colon; &OpenCurlyQuote;I’m going off to university’… or&colon; &OpenCurlyQuote;I’m starting a business’…<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re really working with the local community to find out what it is that they want&period;”<&sol;p>&NewLine;<p>Barclays said &OpenCurlyDoubleQuote;pop-up” banking facilities to help communities will also appear at 300 locations by the end of 2021&period;<&sol;p>&NewLine;<p>Bank branch and ATM closures generally have sparked fears about people’s ability to continue to access cash&period;<&sol;p>&NewLine;<p>The Post Office&comma; which has around 11&comma;500 branches&comma; offers banking services on behalf of many banks&comma; but some commentators in the access-to-cash debate have argued that this should not be seen as a direct replacement for banks’ own branches&period;<&sol;p>&NewLine;<p>Some other banks and building societies have also recently announced initiatives to boost access to cash or keep branches open&period;<&sol;p>&NewLine;<p>In March&comma; Nationwide Building Society pledged that every town and city with a branch will still have one in May 2021&period;<&sol;p>&NewLine;<p>In February&comma; Lloyds Banking Group&comma; in partnership with Visa&comma; announced a pilot scheme to boost the number of retailers offering cashback&period;<&sol;p>&NewLine;<p><strong>12 pilot areas where Barclays is looking at how customer demand in branches could be increased&colon; <&sol;strong><br &sol;>&NewLine;Yarm&comma; Pickering and Guiseley in Yorkshire&comma; Barnard Castle in County Durham&comma; Wombourne and Kidsgrove in Staffordshire&comma; Risca and Tredegar in South Wales&comma; Shenfield and Burnham-on-Crouch in Essex&comma; Esher in Surrey and Biggin Hill in London&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed547162f68">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; 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