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'No plans to close', says bank

Council hears update on whether Rye will have any banks left

'No plans to close', says bank
KB 1.6.16

Barclays Bank leaders have told Rye  Town Council that they “have no immediate plans to close the branch in Rye”, which shortly becomes the only bank branch left in the town.
However they say “we are seeing unprecedented changes in the way people choose to do their banking, with many opting to carry out transactions online or on smartphones or tablets”.
But the council had told the bank, as a result of a proposal moved by Deputy Mayor Rebekah Gilbert, that:

Her proposal concluded that “a thriving and popular tourist Cinque Port town with no banking facilities would be incredibly damaging to the community as a whole”. Rye News’ previous story about the council debate attracted a number of comments and, while Barclays says it can not provide definitive commitments about any branch, it has promised to contact the council if the situation changes. One nearby branch in a much larger town, which is mainly automated for personal customers, does retain some facilities just for business customers. A mobile bank, which visits some local villages, is unlikely to meet business needs.

Photo: Rye News Library

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