Selsey Natwest to close

File photo dated 19/04/13 of a general view of some one pound coins as devaluing the pound by a third will allow British manufacturing to compete in the world, a think tank argues. PRESS ASSOCIATION Photo. Issue date: Monday April 29, 2013. Britain has gone from being the "workshop of the world" in the 19th century to a "middling power" with a steadily declining influence, according to a Civitas-published report. See PA story POLITICS Pound. Photo credit should read: Simon Cooper/PA Wire ENGNNL00120130307134054
File photo dated 19/04/13 of a general view of some one pound coins as devaluing the pound by a third will allow British manufacturing to compete in the world, a think tank argues. PRESS ASSOCIATION Photo. Issue date: Monday April 29, 2013. Britain has gone from being the "workshop of the world" in the 19th century to a "middling power" with a steadily declining influence, according to a Civitas-published report. See PA story POLITICS Pound. Photo credit should read: Simon Cooper/PA Wire ENGNNL00120130307134054

SELSEY’S Natwest branch will close in January.

The bank has said its branch in Selsey’s High Street will shut on January 27 after the number of transactions taking place there dropped by 16 per cent in the last few years.

A Natwest spokesperson said: “The branch is open for 23 hours a week and has only 44 customers that use the branch on a weekly basis.

“Over our whole branch network there has been a 30 per cent drop in branch transactions since 2010 as people do their banking where and when it is convenient for them, whilst online and mobile transactions have grown by over 200 per cent.

“We expect these trends to continue as more and more of our customers bank with us through our mobile app, by online and telephone and through our upgraded ATM network.”

Customers will be able to withdraw cash, check balances, and make deposits free of charge at the local Post Office.

The spokesperson said: “We’ve advised staff and we’re writing to our customers to make them aware of the closure and the different ways they can still bank with us.

“If customers or local businesses are concerned about how this will impact their banking, they can go into the branch where staff will be happy to discuss the alternative ways to bank with us.”

Earlier this month, the Chichester Observer reported that East Wittering residents set up a petition to stop the closure of their HSBC branch which is due to close in December after a reduction in footfall.

Send your response to: nikki.cutler@chiobserver.co.uk