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HSBC announces Thetford branch will close later this year

Thetford's branch of HSBC is one of 27 earmarked for closure across the UK this year, it was announced on Tuesday.

The King Street branch will shut in the second half of 2020, on a date to be confirmed.

HSBC said the closures were in response to changes in the way its customers banked.

thetfordtown sign photo. (30128533)
thetfordtown sign photo. (30128533)

Over the past five years, the number of customers using HSBC branches has fallen by a third.

Stuart Haire, HSBC UK head of retail banking and wealth management, said: “The decision to close these branches will help to ensure a sustainable branch network for the future and allow us to continue to invest in it.

“Our priority is now to work closely with our colleagues and customers."

HSBC UK customers are also able to access their bank account and carry out day-to-day banking in all 11,500 Post Office locations.

Remaining banks in Thetford include Barclays, Lloyds and Halifax. Building societies in the town include Nationwide and Nottingham.

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