The Ramsgate branch of NatWest bank will shut for good on August 8th.
NatWest says that between January 2019 and January 2023 counter transactions have reduced by 60% while the number of customers using mobile apps increased by 49%. A leaflet explaining the closure says just 13 personal customers used the branch weekly in 2023 and 171 businesses used counter services monthly.
It says: “With the ease of mobile and online banking fewer people are coming into the bank. This means we’ve had to make some tough choices about which can stay open.”
The nearest branch after the closure will be in Cecil Square Margate. Transactions can also be made at the Post Office. The closure news follows on the heels of the announcement that Barclays will shut the Ramsgate branch on April 19
NatWest says: “We will introduce a community pop-up following closure that will be based in a community venue near to the closing branch. This service will be available for up to 12 weeks and a local colleague will be available to support with:
- face-to-face conversations around your banking needs
- support you with setting up and using our digital services
- advice on how to protect yourself against fraud and scams.
“It is a cashless service, however we will provide information on how you can use your local Post Office for cash based transactions.”
