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Westpac to close 19 branches

NZ Newswire logoNZ Newswire 21/09/2016

Westpac said it would provide alternatives for customers, including digital devices for community use and upgraded ATM and deposit facilities. © Cameron Spencer/Getty Images Westpac said it would provide alternatives for customers, including digital devices for community use and upgraded ATM and deposit facilities. Westpac is to close 19 of its New Zealand branches in both urban and rural locations.

The branches are expected to shut in November, the bank said in a statement on Wednesday.

It said customers were rapidly changing the way they did their banking and more than 85 per cent of service transactions now took place outside a branch.

The branches that will close are Kamo, Raglan, Otorohanga, Putaruru, Te Aroha, Cherrywood, Whangamata, Broadway Ave, Wainuiomata, Waikanae, Carterton, Takaka, Stoke, Fendalton Mall, Bishopdale, Gardens, Fairlie, Ranfurly and Te Anau.

Westpac said it would provide alternatives for customers, including digital devices for community use and upgraded ATM and deposit facilities.

The country's largest bank, ANZ, said last week that it was proposing to close some "low volume" branches.

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