Barclays in Reigate to close

(c) Google 2021

The Reigate branch of Barclays bank, on the corner of Bell Street and Church Street, will close on Friday 7 January 2022.

The site has been a bank since 1913, originally under the name of London & South Western Bank until a merger with Barclays in 1918.

Barclays carried out a substantial refurbishment of the branch as recently as three years ago, in 2018.

Barclays’ reasons for closing the location are in line with those given by other banks in recent years, both in Reigate and elsewhere: less and less people using branch counters to carry out their transactions.

A leaflet from Barclays on the Reigate closure says:

• The number of counter transactions has gone down in the two years to March 2020, and additionally 90% of our branch customers also use other ways to do their banking such as online and by telephone

• Customers using other ways to do their banking has increased by 11% since 2015

• In the past 12 months, 46% of this branch’s customers have been using nearby branches

• We’ve identified that only 15 customers use this branch exclusively for their banking

The leaflet lists alternative facilities for customers, including Barclays’ branches in Redhill and Dorking which will remain open, and services at Post Offices.

In line with banking industry standards, a second leaflet will later give information on community feedback and how Barclays is helping customers to transition to alternative arrangements.

Like many towns, Reigate has lost a number of its banks in recent years: Natwest in 2018, Santander in 2019, Lloyds in 2019.

via Barclays Barclays in Reigate, 1962

This article was amended on 19 November to include reference to services at Post Offices, which are among those listed in the leaflet.

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