Bankwest plans to close 45 Western Australia branches, transitioning customers to digital means only.

Bankwest, a CBA-owned brand, plans to close 45 Western Australia branches, transitioning customers to digital means only. This trend of closing bank branches due to cash usage decline may marginalize tech-savvy people, with warnings from analysts about potential disadvantages for less tech-savvy or non-English speaking customers. Since 2017, major banks have reportedly closed around 1422 branches.

March 10, 2024
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