Nat West in Acton To Shut in May

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High Street branch is one 259 that will be closing its doors

( Google street view)

The NatWest bank on Acton High Street is to shut as part of a nationwide closure scheme involving 259 branches.

The RBS has announced that will shut one in four of its outlets, involving 62 Royal Bank of Scotland and 197 NatWest branches.

RBS, which is 71%-owned by the taxpayer, said as more customers bank online the use of its branches had fallen by 40% since 2014.

It produced a list of affected branches, which included Acton which will close on May 18th.

The West Ealing branch on the Uxbridge Road is also closing on 22nd May

Account holders will still be able to use the Chiswick, Ealing and Park Royal  branches.

RBS says it expects the closures to result in approximately 680 redundancies nationwide and made the decision due to an increased demand for online banking resulting in less use of High Street branches, saying, "As customers change the way they bank with us, we must change the way we serve them... closing a branch is a decision we take very seriously."

RBS reports that branch usage is down 40% since 2014 and has recorded 1.1 billion mobile and online transations in the first half of 2017 - an increase of 41% on the same period in 2014. Mobile app sign-ups are up 43% in the same period and mobile transations are up 73%.

5th December 2017