In banks we trust - No idea why?

Park Silicon Valley a moment.. now think about the soaring new Gold Prices - almost 99% of all SunnahCurrency customers are in profit.. Why?

The banks are failing us!

As per recent news, a comprehensive list of bank branches that are scheduled to close down in the current year has been released, and a startling revelation is that scores of banking customers are set to lose access to their nearby branches. The reason behind these widespread closures is the growing trend towards digital and online banking, which is gradually making brick-and-mortar branches obsolete. While most people have adapted to the new digital era, there are still many, particularly the elderly, who are dependent on in-person banking services.

The UK's cash machine network, LINK, has been closely monitoring and recording any planned closures of bank branches across the country. Their website indicates that as many as 242 branches are set to be closed in 2023, and a significant number of them have already been shuttered this year. The leading banks, such as Barclays, HSBC, NatWest, Lloyds Bank, TSB, Halifax, Santander, Nationwide, and Virgin Money, have already announced their plans to shut down multiple branches. For instance, Barclays is set to close down 54 branches, whereas NatWest is planning to shut down 52 of its branches. In addition, HSBC is closing down 114 of its branches, while Lloyds Bank and TSB are shuttering 23 and 9 branches, respectively. Furthermore, Halifax is closing down 23 branches, while Santander is closing down five of its branches.

In case your nearby bank branch is among the ones that are scheduled to be closed, you can still access basic banking services at your local post office. Moreover, many banks are offering mobile banking services that bring banking services to your doorstep. For instance, some banks run a mobile banking bus that travels around the town, offering various banking services. Others use public buildings, such as village halls or libraries, to offer mobile banking services. You can contact your bank to inquire about its mobile banking services and find out where and when the banking bus will be available.

To summarise, the list of the 242 bank branches that are scheduled to be closed is alarming news for those who rely on in-person banking services. However, the growing trend towards digital and online banking has made these closures inevitable. Nevertheless, banks are offering various alternatives to compensate for the loss of brick-and-mortar branches, such as mobile banking services and post office banking services:
 
Barclays closures

Bargoed - April 14
Barnoldswick - April 14
Bedale - April 26
Birmingham - March 10
Bishop Auckland - April 21
Bridgwater - April 26
Bridlington - March 6
Chislehurst - May 4
Dagenham - March 3
Ellesmere Port - March 2
Flitwick - April 14
Gosport - April 26
Guiseley - April 12
Heywood - April 28
Hunstanton - April 12
Keswick - April 21
Leeds - April 21
Leyburn - May 5
Liskeard - March 2
London, Green Street - April 20
London, Tower Bridge Road - April 19
London, Walworth Road - April 13
London (Fleet Street) - May 3
Macclesfield - April 14
Milton Keynes - April 18
Oakham - April 28
Oundle - May 5
Radlett - May 5
Shenfield - April 19
Sittingbourne - March 8
Sleaford - March 8
Stamford - April 28
St Helens - May 4
Swansea - March 7
Talbot Green - May 5
Torquay - March 8
Warley - April 21
Watton - May 3
Weymouth - March 3
Wymondham - April 28
London (Knightsbridge) - July 7
London (Notting Hill Gate) - June 16
Merthyr Tydfil - June 14
Ebbw Vale - June 9
Kirkintilloch - June 9
Ringwood - June 8
Lymington - June 15
Manningtree - June 7
Colchester - June 13
Beckenham - June 14
Knowle - June 16
West Bridgford - June 15
Mildenhall - June 14
Newmarket - June 9

Halifax closures

Aldershot - April 26
Bangor - April 17
Birmingham - January 25
Bletchley - May 18
Chester Le Street - April 19
Chingford - May 5
Chorlton-cum-Hardy - April 27
Coleraine - January 10
Crouch End - April 27
Golders Green - May 3
Grays - June 22
Leeds (LS1) - March 29
Leeds (LS1) - January 12
London (EC3M) - April 19
Maldon - June 5
Norbury - May 4
Purley - June 22
Putney - May 4
Redruth - May 16
Sheerness - May 18
St Neots - June 6
Surbiton - May 10
Whitley Bay - June 21

HSBC closures

Abergavenny - April 18
Alton - April 25
Arnold - May 9
Ashton-Under-Lyne - August 1
Beccles - June 27
Bethnal Green - August 15
Bexhill-On-Sea - April 18
Bicester - June 20
Bideford - May 2
Blackwood - July 25
Blandford Forum - April 18
Bognor Regis - July 18
Brecon - May 9
Bridport - May 23
Brighouse - May 16
Brombrough - July 18
Chepstow - June 6
Chippenham - August 15
Christchurch - July 25
Cirencester - August 8
Coalville - July 4
Coleraine - May 2
Colwyn Bay - August 15
Cowbridge - TBC
Cromer - April 18
Denbigh - August 8
Didcot - May 9
Dorchester - August 22
Dover - May 9
Downend - April 25
Droitwich - July 4
Dundee - May 30
Eastwood - August 29
Epworth - TBC
Fakenham - May 23
Filton - May 30
Frome - June 6
Gainsborough - May 2
Gosforth - July 18
Halesowen - May 16
Hampstead - August 15
Harpenden - July 18
Henley-On-Thames - August 8
Hertford - June 20
Holsworthy - TBC
Honiton - June 13
Hornchurch - August 15
Horsforth - July 18
Hove - May 23
Hythe - TBC
Ilkley - June 13
Kenilworth - August 1
Kingswinford - July 11
Knutsford - June 6
Launceston - May 2
Leatherhead - July 4
Leicester - May 30
Leighton Buzzard - August 29
Leominster - April 25
Lewes - June 27
Liskeard - May 23
Long Eaton - July 11
Market Bosworth - April 25
Market Harborough - May 30
Marlow - July 18
Minehead - May 9
Morley - August 22
New Milton - June 27
North Finchley - August 8
Norwich - July 25
Oakham - June 20
Ormskirk - August 1
Oxted - TBC
Palmers Green - July 4
Penarth - June 13
Pocklington - June 6
Pontypool - June 27
Port Talbot - July 11
Portadown - June 6
Portishead - July 4
Putney - August 1
Reigate - August 8
Rhyd-Y-Penau - August 29
Ripley - July 25
Ross-On-Wye - June 20
Ryde - August 22
Seaford - July 25
Settle - TBC
Shaftesbury - April 25
Skipton - June 13
Sleaford - June 13
South Shields - June 13
Southampton - July 11
St Austell - April 18
St Ives - April 18
St Neots - June 27
Stamford - May 16
Stirling - June 6
Stourport-On-Severn - May 30
Stroud - May 16
Sudbury - May 23
Tenby - TBC
Tonbridge - July 25
Twickenham - June 20
Wadebridge - June 27
Waltham Cross - May 30
Wells - June 20
Westbury-On-Trym - August 1
Wetherby - July 11
Whitby - May 16
Whitley Bay - May 2
Wilmslow - May 2
Windsor - August 22
Wymondham - August 22

Lloyds Bank closures

Aintree - June 6
Beckenham - April 20
Beeston - May 11
Borehamwood - May 22
Chingford - April 25
Dagenham - April 26
Gillingham - April 25
Harrow - June 29
Hyde - June 21
Ipswich - May 4
Lampeter - May 15
Littlehampton - May 23
London - May 3
Newport - June 13
Norbury - April 19
Pontefract - April 20
Ripley - June 14
Rustington - June 5
Shaftesbury - June 13
Twickenham - May 11
Weybridge - May 10
Whitstable - May 11
Wickersley - May 15
Nationwide closures
Gloucestershire (Kingswood) - April 20

Virgin Money

Glasgow - June 2
NatWest closures
Birstall – June 1
Blackpool – April 25
Bootle – May 10
Broadwater – May 16
Bromsgrove - January 31
Buxton - February 2
Caterham - February 1
Cheadle - February 2
Cleethorpes - March 7
Clitheroe - February 15
Colwyn Bay – May 17
Cranbrook – May 30
Crawley – May 11
Devizes - March 8
Dunstable – May 3
Eastleigh - February 16
Exeter – May 9
Fleet – April 27
Frome – May 11
Gerrards Cross - February 21
Glossop - March 2
Headington - February 7
Henley-on-Thames - February 7
Heslington – April 27
Horwich – TBC
Ilkley - February 21
Ilminster – May 18
Llansamlet – May 25
London (Clapham) – April 26
London (Marylebone) – May 23
London (W1H) - February 23
Maidstone – May 4
Oxted - February 22
Parkstone - March 7
Potters Bar - February 2
Sandbach - February 8
Sheerness - May 25
Shipley - February 23
Shoreham-by-Sea - TBC
Southampton - April 25
Southsea - February 23
St. Neots - February 28
Stourbridge - February 8
Stroud - April 26
Thame - March 1
Tonbridge - March 9
Torquay - May 31
Uckfield - March 8
Waterlooville - March 9
Wetherby - February 9
Whitehaven - March 14
Wokingham - February 9

Santander closures

Dartford - March 30
Derby - March 30
Milton Keynes - June 29
Milton Keynes - June 29
Sheffield - March 30
TSB closures
Kirkwall - May 24
Aberfeldy - May 16
Newark - May 9
Luton - May 30
Banbury - May 31
Keynsham - May 2
Evesham - May 4
Glasgow (G53) - May 17
Wigan - May 11