Call for more banking services in Falkirk
Written by centralfmnews on October 8, 2019
A Forth Valley politician says current local bank services are “insufficient”.
Five branches have closed in Falkirk alone since 2014.
Across Scotland, nearly 40% of branches have closed – with RBS cutting three-quarters of its network.
Falkirk East MSP Angus MacDonald says the banking sector needs to have a greater presence:
“The extent to which banks have severely cut the amount of branches in our communities is astonishing, and continues to show that our banking sector is failing to protect customers, and provide local services to those who need it.
“Although I am more than aware that there has been a distinctive shift in the way people do their banking business in recent years, there is still a need to have a local presence in communities that people can call upon and trust when they need it. Mobile branches, while providing some service, are insufficient at times and don’t provide as much access especially for small businesses and older people who don’t have access to online services.
“The UK Government must take action to guarantee people’s ability to access and pay with cash, ensuring that millions of people who rely on it as a payment method are not left behind as digital payments grow in popularity.”