Banking

Expats who bank with Barclays face having their UK accounts closed following a "strategic review" by the bank, leaving some customers worried about the alternatives available to them.

Barclays will shut at least 214 of its bank branches throughout 2023 and 2024 – more than a third of its entire UK network – after announcing a further 18 branch closures. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

NatWest, Royal Bank of Scotland (RBS) and Ulster Bank, which are all part of the NatWest Group, will now shut at least 172 of their bank branches in 2023 and 2024, following the Group's latest announcements.

Banks and building societies will face fines if they fail to protect consumers' free access to cash under new powers being given to the financial regulator. 

Seven 'banking hubs' are now up and running in the UK, after the latest opened in Carnoustie in Scotland this week – and four more locations have been announced today (Wednesday 12 July). 

Savers with accounts that pay low or no interest will soon be prompted to consider alternatives under a crackdown by the regulator. The Financial Conduct Authority (FCA) has announced a raft of measures designed to better protect savers amid concerns they're being ripped off.

Virgin Money will close another 39 bank branches this year, almost a third of its network, with the firm claiming that more customers are choosing online banking over in-person visits. Below we list the branches disappearing and what the alternatives are if you still want face-to-face banking.

First Direct has scrapped all fees for overseas spending and cash withdrawals on its debit card for both new and existing customers, MoneySavingExpert.com can reveal. 

If you get a £100 payment into your Nationwide current account over the next couple of weeks, don't worry – it's not a scam. The building society is making the payments to millions of its current account customers who also have savings or a mortgage with it. Here's what you need to know.

Intelligent Finance will close all of its existing current accounts by the end of the year, parent company Lloyds Banking Group has confirmed. But savings and mortgage customers aren't affected.