Banks considering closing branches or removing cash machines will need to tell the City regulator before any final decision is made, so that it can check customers are being treated fairly.
The Financial Conduct Authority (FCA) said it expects banks, building societies and credit unions to keep it informed of any plans for closures or conversions "in good time" before any final decision is made.
Before making a final decision, firms should provide an analysis of the needs of customers using the facilities, the impact of the proposals on them, and what alternatives there are or could be.
The analysis could involve the firm speaking with local groups, charities and the local authority, as well as analysing data it already holds or holding a
Read more on mirror.co.uk