The Bank of Scotland is axing a further 23 bank branches
Five branches of the Bank of Scotland in Tayside and Fife are being axed as the banking group continues to pare down its network north of the border.
Customers at a total of 23 branches across Scotland will begin receiving letters tomorrow informing them of the decision to cease trading at individual locations.
The impacted branches in Tayside and Fife are Kinghorn, Coupar Angus, Edzell, Perth West End and Scone.
Bank of Scotland
Aberdeenshire is also heavily impacted with seven branches at locations such as Cullen and Fochabers also earmarked for closure.
Bank of Scotland – which is part of the part taxpayer-owned Lloyds Banking Group – has significantly reduced its branch network in recent years following the banking crash.
The company said there would be no compulsory redundancies as a result of the changes. Employees will instead be offered the chance to redeploy to roles within the group.
