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Monday, February 29, 2016

MP furious over bank transactions letter

Clwyd South MP Susan Elan Jones MP has slammed as "total nonsense" a claim by HSBC Regional Director Jonathan Byrne that giving information about the number of transactions undertaken at Chirk and Ruabon HSBC bank branches would be "commercially sensitive" and that bank was unable to do this.
In an earlier letter (dated 18th January), the Clwyd South Labour MP (pictured) asked the HSBC Director:
"Can you provide numbers that show that transactions have fallen? Can you provide information on how many accounts are held at both branches? Following the closures of Cefn Mawr, Llangollen and Rhosllannerchrugog branches, how many accounts were served by these two branches and will those accounts now all be transferred to Wrexham? Please provide figures to show why you consider Ruabon and Chirk branches to be no longer commercially viable."
Ms Jones said: "Local residents will be as furious as I am with this. Not only is HSBC about to close two local bank branches in Chirk and Ruabon, but they won't give us any objective evidence why they're doing it.
"In the last few weeks, I've visited 124 local businesses in Chirk, Ruabon, Cefn, Johnstown and Rhos. There's no doubt that the two bank closures will have a big impact on most of these businesses. The same is true too for the many individual customers who have loyally stayed with HSBC.
"The problems we are witnessing with bank closures are part of a UK-wide phenomenon - and this is why I am determined to press on in Parliament with this issue.
"I have now had my call accepted for a national inquiry. The Government used to talk about keeping the last bank open in every community, but all we're seeing is banks being closed. This doesn't happen in the same way in most other countries. We need UK Government action and a better approach here." 
The HSBC letter appears below:

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