Jedburgh to get a new banking hub

Wednesday May 8th 2024

Bank of Scotland Jedburgh

The former Bank of Scotland building in Jedburgh is to become a banking hub.

Written by Local Democracy Reporter, Paul Kelly

A new Post Office ‘banking hub’ in Jedburgh is closer to reality after a planning bid was agreed by Scottish Borders Council.

The installation of new illuminated and non-illuminated signage has been approved for the former Bank of Scotland premises at 40 High Street.

Cash Access UK is to erect new signage to read ‘Banking Hub’ with the familiar red coloured Post Office logo.

Following the confirmation of several bank branch closures in the region last year, LINK, the UK’s Cash Access and ATM network, recommended a new banking hub in the Scottish Borders.

Banking hubs are a shared banking space, similar to a traditional bank branch, but available to customers of any of the main high street banks.

The hub would consist of a counter service operated by Post Office employees, where customers and businesses can withdraw and deposit cash, make bill payments and carry out regular banking transactions.

In addition, there will be private spaces where customers can speak to community bankers from their own bank for more complicated matters that require specialist knowledge or privacy.

A report approving the signage application says: ” Externally, the proposed signage can be accepted and will not adversely affect the appearance of the listed building.

“The signage will remain in the previously acceptable location on a parapet wall. The proposed works would not impact upon the character and appearance of the conservation area.”

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