HSBC to close 114 bank branches – is your local on the list?
HSBC has announced plans to close 114 branches.
The latest round of closures comes as more people turn to online and mobile banking.
The bank locations closing will be shuttered from April 2023.
It follows 69 HSBC branches closing earlier this year and 82 HSBC branches closing last year.
In total 1,000 HSBC branches have closed over the past decade.
There will be just 327 branches following this latest round of closures.
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Several locations including ones in Bristol, Sussex, and Norfolk will be closed first.
Wilmslow, Hove, and south west London are some of the areas which will lose their HSBC branch later in the year.
The move comes as the bank says that its customer numbers have fallen rapidly since the pandemic.
The bank says that some of the branches that are being shut now serve less than 250 customers a week.
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Usage of the mobile app has almost tripled since 2017, with the vast majority of transactions completed digitally.
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.
"Not only can we do it anywhere at any time of day or night, many more things can be done at the customers’ convenience and don’t rely on a branch visit."
Banking hubs, pop up locations and use of the Post Office network will continue to be available to HSBC customers.
HSBC told The Sun that it hopes to move members of staff from the closing branches to other positions within the company.
But, it may have to let around 100 people go.
Of the remaining 327 branches, 94 will be "full service".
Another 81 will be "cash service" offering access to cash and simple over the counter services and 152 will be "digital service" with no counters and self-service points.
HSBC isn't the only bank closing branches.
This month Barclays has closed 13 branches and Lloyds Bank has to brought down the shutters at 23 of its branches.
For the full list of bank closures see our roundup here.
Full list of HSBC bank branches closing from April 2023
April
- Blandford Forum
- Bexhill on Sea
- Abergavenny
- Cromer
- St Ives
- St Austell
- Bristol Downend
- Leominster
- Market Bosworth
- Alton
- Shaftesbury
May
- Wilmslow
- Whitley Bay
- Coleraine
- Bideford
- Gainsborough
- Launceston
- Arnold
- Didcot
- Brecon
- Minehead
- Dover
- Halesowen
- Stroud
- Brighouse
- Stamford
- Whitby
- Bridport
- Hove
- Fakenham
- Sudbury
- Liskeard
- Leicester
- Bristol Filton
- Dundee
- Waltham Cross
- Market Harborough
- Stourport on Severn
June
- Stirling
- Pocklington
- Chepstow
- Knutsford
- Frome
- Portadown
- Penarth
- Ilkley
- South Shields
- Skipton
- Honiton
- Sleaford
- Twickenham
- Ross on Wye
- Hertford
- Wells
- Bicester
- Oakham
- New Milton
- Lewes
- Pontypool
- Beccles
- St Neots
- Wadebridge
July
- Portishead
- Droitwich
- Leatherhead
- Palmers Green
- Coalville
- Park Gate Southampton
- Wetherby
- Port Talbot
- Kingswinford
- Long Eaton
- Bromborough
- Horsforth
- Gosforth
- Harpenden
- Bognor Regis
- Marlow
- Christchurch
- Seaford
- Blackwood
- Norwich Mile Cross
- Ripley
- Tonbridge
August
- Bristol Westbury on Trym
- Ormskirk
- Putney
- Ashton under Lyne
- Kenilworth
- Reigate
- North Finchley
- Cirencester
- Henley on Thames
- Denbigh
- 122 Finchley Road
- Chippenham
- Bethnal Green
- Hornchurch
- Colwyn Bay
- Dorchester
- Morley
- Wymondham
- Ryde
- Windsor
- Cardiff Rhyd y Penau
- Leighton Buzzard
- Eastwood
Date TBC
- Oxted
- Epworth
- Holsworthy
- Tenby
- Hythe
- Cowbridge
- Settle
Branches being refurbished
The following branches are set to be refurbished.
We have asked HSBC when the work will take place and will update this story when we hear back.
- Bournemouth
- Liverpool Lord St
- Bishopsgate
- Baker St
- Leicester
- Walsall
- Portsmouth
- Doncaster
- Southampton
- Hull
- Middlesbrough
- Sheffield
- Guildford
- Oxford
- Lincoln
- Telford
- Belfast
- Harrow
- Cardiff Queen St
- Peterborough
You can find your nearest HSBC branch using the bank's branch finder tool on its website - just enter your postcode.
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You can also find your nearest Post Office location on the website, and the banking services available there.