Reviews by Link to commission new cash services Find out more: access to cash to be protected by new law.Which? is pushing for there to be a requirement that access to cash is free. With its new powers, the FCA could stop banks and building societies from closing cash access services if there was no suitable alternative within a reasonable distance. However, the Scottish Affairs Committee of MPs has accused banks of 'rushing to close before legislation to protect access to cash and banking services can take effect'. This will be monitored and enforced by the Financial Conduct Authority (FCA). You can find your nearest pop-up location on the TSB website.įirst announced in the Queen’s Speech in May, the forthcoming legislation will ensure people can continue to conveniently withdraw and deposit cash. However, you won’t be able to withdraw or deposit cash, or open and close accounts. Help with managing finances if you’ve suffered a bereavement.Non-cash payments to someone you’ve paid before, up to £10,000.Internet and mobile banking registration, forgotten passwords and troubleshooting. ![]() ![]() Help with managing your existing payments, such as direct debits.You can do the following services at a pop-up locations: TSB has more than 40 pop-up bank branches across England, Wales and Scotland. ![]() Here are some of the cash solutions that have been announced or put in place since our campaign began: TSB ‘pop-up’ branches What's being done to protect access to cash? NatWest (including Royal Bank of Scotland sites): 83.Lloyds Group (includes Lloyds Bank, Halifax and Bank of Scotland): 186.This was closely followed by Barclays, with 184 branches: Lloyds Banking Group announced the most branches last year, with 186 announced. More than 800 bank branches closed in 2022 Find out more: is your local bank branch closing?.To find out whether your local bank branch is closing, or has recently closed, our bank branch closure checker tool shows the branches shutting down in your local authority area. HSBC is due to close 114 sites this year, Lloyds Banking Group will close 59 banks, NatWest is due to close 43 sites, Barclays will close 26 sites, Santander will close five and Nationwide has one scheduled closure. Almost all major high street banks have sites earmarked for closure, and more could follow. TSB isn't the only organisation closing branches this year. Once the latest closures have taken place in May, it will have 213 bank branches remaining. ![]() This means it's closed 314 banks over the past three years. TSB closed 80 sites in 2020, 164 sites in 2021 and 70 sites last year.
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