RBS

NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will shut at least 100 of their bank branches in 2024/25, after the Group announced a further 18 RBS closures.

NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will now shut at least 172 of their bank branches in 2023 and 2024, following the Group's latest announcements.

High street banks including Lloyds and NatWest will close at least 81 more branches this year. We've rounded up the planned closures for each bank and what the alternatives are if you still want face-to-face banking. 

The NatWest Group is to close 32 of its NatWest and RBS branches across the UK between May and July this year. This is in addition to 5,000 branch closures initiated over the past five years. We have a full list of the sites being shut below and what to do if your local branch is closing.

RBS is offering £100 to new and existing customers who switch to its Select, Reward or Premier current accounts – the second big bank switching bribe to launch in recent weeks.

Some 36,000 RBS, NatWest and Ulster Bank customers will be refunded a total of £2.2 million after the banks failed to set up the correct alerts warning them about unarranged overdraft charges.

Several major banks have announced support measures for customers affected by coronavirus, including mortgage payment holidays, increased credit limits and penalty-free access to fixed savings. 

Challenger bank Monzo has taken the crown in our latest banking customer service poll – knocking First Direct off the top spot for only the second time ever. 

First Direct has pipped Metro Bank to the post to top the latest official banking service league table, while RBS took the wooden spoon for the fourth time. 

NatWest and RBS have become the latest banks to announce a steep hike in the interest charged on overdrafts, with some customers set to pay 39.49% from late March or early April. But the banks are also scrapping daily and monthly fees currently charged for overdrafts, meaning many will end up paying less overall to use them.