Age UK responds to the news that RBS is closing 162 branches
Published on 01 May 2018 04:10 PM
Responding to the announcement that RBS is closing 162 branches throughout England and Wales, Age UK’s Charity Director, Caroline Abrahams, said:
'This is terrible news for many older customers – particularly those who are offline or live in rural areas – who may be left stranded in the wake of these closures. We often hear about the challenges faced by older people when it comes to managing their money and a move towards online banking is already causing problems for many older customers. These problems are exacerbated when branch closures coincide with poor public transport locally, substandard internet service and mobile black spots, making both digital and analogue alternatives difficult for customers to access.
'What really concerns us is that banks are withdrawing these essential services before putting in place alternative solutions to meet the needs of their older customers, particularly those in rural and semi-rural areas which have already been hard-hit by branch closures. There is a protocol for branch closures, but we are concerned that this is just a fig leaf for a fait accompli. Older people have a right to be able to carry out essential banking in an accessible and secure way.'
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Age UK is a charitable company limited by guarantee and registered in England (registered charity number 1128267 and company number 6825798). Age Concern England and Help the Aged (both registered charities), and their trading and other associated companies merged on the 1st April 2009. Together they have formed the Age UK Group ("we"). Charitable services are offered through Age UK and commercial products are offered by the Charity's trading companies, which donate their net profits to Age UK (the Charity).