RBS to shut down eight branches across Scotland

The Royal Bank of Scotland (RBS) is set to shut down eight branches across Scotland, with a number of Highland areas set to lose the service

RBS to shut down eight branches across Scotland

The string of branch closures includes Brae in Shetland, Edinburgh’s Goldenacre and Tollcross, and West Blackhall Street in Greenock.

Also, branches in Invergordon, Lochinver and Lybster in the Highlands and Stromness in Orkney will also shut their doors this year.

RBS said the decision to shut down a branch was never taken lightly. The bank had taken the difficult decision to close branches but it will be offering alternatives ways of using its services to its customers.

The closures were due to several reasons including decrease in the number of transactions taking place in the branches.

RBS is the only bank currently under operation in the town of Invergordon.

The bank said in a statement: “We are writing to all of our customers who use these branches well in advance of the closure date, and will also display posters in the branches throughout this period of time.

“Across our network, branch transactions have declined by around 36% since 2010 whilst online and mobile transactions have grown by more than 300%, and only 9% of our total transactions are now undertaken in our branches in comparison to 25% in 2010.”