Bank Services: Northern Ireland

(asked on 6th February 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether he has had discussions with the authorities in Northern Ireland on rural banking services.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 13th February 2024

The Treasury engages with a range of different stakeholders to discuss policy matters. We look forward to working with the restored Executive to deliver for the people of Northern Ireland.

It is imperative that banks and building societies recognise the needs of all their customers, including those who need to use in-person services.

UK customers can access banking services through a number of different channels. This includes in branches, Post Offices or Banking Hubs, as well as via telephone banking and through digital means such as mobile or online banking.

The Post Office allows personal and business customers to carry out everyday banking services at 11,500 Post Office branches across the UK. The Post Office is required by the Department for Business & Trade to ensure that 95% of the total rural population across the UK is within 3 miles of their nearest Post Office.

Moreover, Banking Hubs are an initiative which enable customers of participating banks to access cash and banking services in shared facilities. Over 100 Banking Hubs have been announced so far, and the Government hopes to see these Hubs open as soon as possible across all four nations of the United Kingdom. To date, 5 Hubs have been announced in Northern Ireland, with Kilkeel already open.

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