Bank of Scotland to shut 23 Scottish branches

The latest cuts mean that nearly one in six BoS branches have disappeared across the country in three years.

Customers will begin receiving letters today informing them of the decision to cease trading at individual locations by the end of November.

In Tayside and Fife branches in Kinghorn, Coupar Angus, Edzell, Perth West End and Scone are to go, while in Aberdeenshire seven branches at locations such as Cullen and Fochabers are also earmarked for closure.

Three will go in the Highlands, two in Edinburgh, two in central Scotland, two in west Scotland and one in Lothian, Glasgow and Forth.

The latest branches to go are: Aberdeen (John Street); Cullen, Fochabers, Portsoy, Aberlour, New Pitsligo, Macduff, Polmont, Currie, Edinburgh (Stockbridge), Edinburgh (St. Andrews Square), Kinghorn, Glasgow Central Station, Drumnadrochit, Broadford, Lochcarron, Melrose, Coupar Angus, Edzell, Perth (West End), Scone, Bishopton and Inveraray.

For customers using the branch in Locharron, Wester Ross, accounts will be transferred to the branch at Kyle of Lochalsh, 22 miles away.

Bank of Scotland – which is part of the still partly taxpayer-owned Lloyds Banking Group – has significantly reduced its branch network in recent years following the banking crash.

At the end of the latest round of cuts, Bank of Scotland will have 242 branches in Scotland, 50 fewer than in July 2013.

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.