Mary and Arthur

Mary and Arthur prefer to do their banking in person and value the advice and assistance in branch.

Although they can use the app their current bank offers, they find it confusing and are worried about being scammed.

They have £350k in savings but earn less than 1% in interest.

With banxlocal.uk in their town, Mary and Arthur could easily get a better rate on their savings, all with the peace of mind that ‘in person’ banking brings.

Mary and Arthur prefer to do their banking in person and value the advice and assistance in branch. Although they can use the app their current bank offers, they find it confusing and are worried about being scammed. They have £350k in savings but earn less than 1% in interest.

Jonny

Jonny works for Dave the Butcher, he likes to use the digital app from his current bank, however, he’s been trying to take out a loan to buy his first car but is having difficulty arranging this with them.

It’s also been challenging for him to open a regular savings account through his app and joins 3 out of 10 adults still without a savings account of any type.

Utilising banxlocal.uk will allow Jonny to get the advice and assistance he needs!

Jonny works for Dave, he likes to use the digital app from his current bank, however, he’s been trying to take out a loan to buy his first car but is having difficulty arranging this with them. It’s also been challenging for him to open a regular savings account through his app and joins 3 out of 10 adults still without a savings account of any type.

Dave The Butcher.

Dave runs a small butcher shop where most of his customers pay in cash.

Since the last bank in his town closed, he now has to take two hours from his working day to travel to his nearest branch in the next town just to pay in the daily takings.

Dave joins the 40% of SME’s finding it difficult or expensive to access bank depositing services.

If banxlocal.uk was on Dave’s high street his customer footfall would increase and he’d have more time to be on his business premises serving his customers!

Dave runs a small butcher shop where most of his customers pay in cash. Since the the last bank in his town closed, he now has to take two hours from his working day to travel to his nearest branch in the next town just to pay in the daily takings. Dave joins the 40% of SME’s finding it difficult or expensive to access bank depositing services.

Customer demand

Over the coming days we’ll start talking about the types of people we’ve identified as being affected by branch closures and now have limited access to cash and restricted choices for savings, loans and financial advice. We’d love to hear your stories too, so please visit banxlocal.uk and tell us your story!