The Bank of Scotland has permanently closed its branch at 24 La Porte Precinct in Grangemouth today (Thursday, October 8), according to information on the bank's website. The closure is part of a wider wave of cuts driven by the rise of online banking.
Closure details and customer notification
The Edinburgh-based firm has shut several sites over the past few months, with numerous towns across the country losing their walk-in branches. Customers who regularly visited the Grangemouth branch received direct contact from the bank, including a letter, posters and face-to-face updates in the branch itself.
The bank also contacted local community members, including the in-store banking team and senior management, the local Citizens Advice Bureau and the local Chamber of Commerce. Brian Leishman, the local MP for Alloa and Grangemouth, was also contacted after he questioned the firm on why the branch was closing, where a new banking hub would be located and what other services would be available.
Alternative banking options
Customers who expressed concerns and disappointment at losing their local branch have been reassured about other ways to access their accounts. The nearest Banking Hub is located at 68 South Street, Bo'Ness. A new Banking Hub with an ATM for the local area is also planned following a review of cash access by the financial conduct authority LINK, though it is currently unclear when it will open.
As the Bank of Scotland is part of the Lloyds Banking Group, customers can also visit any Lloyds or Halifax branch and receive all the same services as before.
Wider branch closures in 2026
The Grangemouth closure marks the end of the Scottish banking giant's sweeping closures this year, with 28 branches disappearing from the Scottish high street and 12 closing in October alone. Documents for the local branch explained: "Before we close any branch, we look at how customers are doing their banking. Most customers prefer to use our mobile app, online banking or call us. Because of this, we'll be closing our Grangemouth branch."
The switch to online banking has also led to Halifax closing 26 branches this month, following news that the banking group would be phased out after 173 years on the high street. In July, it was announced that the Halifax name would be rebranded to parent company the Lloyds Banking Group, with all accounts remaining unchanged. Santander also announced that 44 branches nationwide would disappear by the end of 2026.
