A closure date for Tenby’s HSBC bank branch has been officially confirmed, and it’s not good news for the seaside town going into the summer.

Back in November 2022 HSBC announced that the branch situated in Tudor Square would be closing.

The Tenby closure was paused in April 2023 however, following recommendation of more cash deposit services to be made available to support the local community.

“Following this an independent report recommended more cash deposit services were made available to support the local community,” said a spokesperson for HSBC.

“We therefore paused our closure and kept the branch open whilst we worked closely with industry partners and the Financial Conduct Authority to launch an Enhanced Post Office which is now open.

“I can now confirm our branch will close permanently on August 6, 2024.”

“While more customers are choosing mobile, online and phone banking, I know others still value our face-to-face service, so you’ll find all our usual services at the Haverfordwest branch located at 41 High Street.

The current opening times for Haverfordwest are: Monday to Friday, 09:30am to 3.30pm.

The Enhanced Post Office has a dedicated counter for banking services now open at Tenby Post Office on South Parade (SA70 7DL) opposite the Five Arches.

Services available include:

• Cash withdrawals

• Bill payments

• Cash deposits

• Cheque deposits

• Check your balance

• Currency exchange

HSBC has promised that community ‘pop up events’ will also be arranged for Tenby.

Back in January, local councillors and business owners welcomed plans for a new 24hr cash point for Tenby at the shopfront central lobby of the Evans Seafront Pharmacy, situated at 6 High Street, following concerns that the seaside town could be left with just one ATM ahead of busy peak holiday periods.

With more and more ATM’s disappearing throughout the town in recent years, and with the fewer ATM’s often running out of cash on busy weekends, concerns have been raised by businesses in Tenby that the re-supply doesn’t match the town’s peak visitor times, with some businesses requiring cash payments only.

Lloyds TSB, Nat West, Santander and Barclays have all departed Tenby in recent years.