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Bank of Queensland Closes 14 Branches Amid Shift to Cashless Online Banking

The state-based bank is the latest financial institution to close its physical branches.

The Bank of Queensland is set to shut 14 branches across four states, as it steadily moves towards cashless online banking.

The impacted branches will be Moonee Ponds, Docklands, Hampton and Richmond in Victoria; Bella Vista, Newtown and Rockdale in New South Wales; Carindale, Caloundra, Elanora, Springwood, Sherwood, and Toowong in Queensland; and Applecross in Western Australia.

The bank said the aim was to “simplify operations.”

“We are focused on supporting our people throughout this process and are pleased that most team members will transition to new roles across our network,” the spokesperson told The Epoch Times.

Read Full Article Here…(theepochtimes.com)


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