In light of the recent announcement from the Royal Bank of Scotland (RBS) of branch closures, it perhaps comes as no surprise that the Rye branch NatWest Bank is to close next year.
In a letter to customers, advising effective date of June 21 2018, NatWest sets out alternative ways to bank, including the provision of ‘a mobile branch service in your local area’. Customers can also use the Post Office for paying-in and drawing cash, using their debit card.
Following on the closure last year of the HSBC Bank at 12 High Street, Rye still has three High Street banking facilities, including Nationwide, Lloyds, and Barclays (though Barclays is closed on Tuesdays) and there is also the Post Office now relocated within the Jempsons superstore. The uptake of online banking is having its effect in reducing customer demands on bank counter staff. There appears, however, no reduction in vehicle access to ATM dispensers in the High Street.
Another retail outlet, expected to change hands shortly is the Rye Health Store at 90A High Street , where the owner has announced retirement. Potential purchasers are likely to need substantial funding to purchase the existing stock and to meet the annual outgoings for rent and rates.
The pace of change in the High Street has accelerated over the last year or two, with the loss of greengrocers and bakery and the opening of gift shops catering more for tourists. Residents who can look back over 30 years can remember the thriving cattle market and food shops in the High Street. Now, the status and function of Rye as a market town is becoming all but lost, particularly with the difficulty of access and parking.
The commercial life of the town now depends largely upon the influx of visitors and tourists - it has been estimated that over a million people visit Rye each year. They are drawn not only by its historic character, but also by the lively festivals, and cultural events that regularly take place here, such as Toyland this Saturday.
Photos: Kenneth Bird
Photos: Kenneth Bird
