The bank says a “strategic review” of the remaining third party agency counters is underway, no decisions have therefore been taken about the third party agency counters.
This comes after a whistleblower in the Mail on Sunday claimed that the bank is ready to close 550 counters and branches. The source told the paper that the agency closures were the pilot of “Project Tulip”, a plan to close as many as a third of all Halifax’s 1,300 outlets.
Financial advisers, solicitors, and estate agents run the branches, which are usually found in small towns and villages through the country. Agency counters offer basic services such as paying-in and withdrawing money, not the full range of services available at full Halifax branches.
The possible decision by the bank is part of its wider restructure as HBOS merges with Lloyds.
The bank says the 3,000 Lloyds Banking Group bank branches are not included in this review.