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Having a physical presence is a competitive advantage. It's the reason some people stick with Chase or their local credit union in lieu of someone else who is o

Having a physical presence is a competitive advantage. It's the reason some people stick with Chase or their local credit union in lieu of someone else who is online-only with a higher interest rate. Perhaps in a while most banks will decide it's just not worth the expense anymore, but I don't think it's a foregone conclusion.

vel0city 3y ago
I've never even been inside a brach of any bank I actually bank at. I've been in a bank to actually do banking like twice in my life, both times to get large bill withdrawals for in person cash vehicle purchases. And I'd just prefer there to be ATMs near me that support bills larger than 20s, why wait until the bank opens and stand in line. I truly don't understand why a regular person would bother going in to a bank in-person. It just seems like a worse experience compared to doing your banking whenever, wherever. I understand business banking and what not gets more complicated and it can be helpful having a team to talk to, but a normal person banking is almost always pretty dang basic.
- peebeebee 3y ago
  That's why accessibility needs to be constantly advocated. We should never design services only for the needs of the majority. There are lots of people with all kinds of disabilities -mental and physical- that we need to cater for. That's what makes our society a better, more loving society.
pbhjpbhj 3y ago
HSBC experience in a smaller UK city - the staff in branch have to call the same phone number as one would call from home. They do have some ability to authorise actions, but barely. Perhaps they checked ID, I don't recall. The company line is "you don't need to visit the branch ever" which is strange as they keep having to ask us to do things at the branch. There's no counter service, no business staff, nothing except people to intermediate using the machines or using phone banking.
- peebeebee 3y ago
  That's ok. It's eating your own dogfood, and also "being there" for people that really need it. Much better than a robotmenu on a phone. :)

vel0city 3y ago

I've never even been inside a brach of any bank I actually bank at. I've been in a bank to actually do banking like twice in my life, both times to get large bill withdrawals for in person cash vehicle purchases. And I'd just prefer there to be ATMs near me that support bills larger than 20s, why wait until the bank opens and stand in line. I truly don't understand why a regular person would bother going in to a bank in-person. It just seems like a worse experience compared to doing your banking whenever, wherever. I understand business banking and what not gets more complicated and it can be helpful having a team to talk to, but a normal person banking is almost always pretty dang basic.

peebeebee 3y ago
That's why accessibility needs to be constantly advocated. We should never design services only for the needs of the majority. There are lots of people with all kinds of disabilities -mental and physical- that we need to cater for. That's what makes our society a better, more loving society.

pbhjpbhj 3y ago

HSBC experience in a smaller UK city - the staff in branch have to call the same phone number as one would call from home. They do have some ability to authorise actions, but barely. Perhaps they checked ID, I don't recall. The company line is "you don't need to visit the branch ever" which is strange as they keep having to ask us to do things at the branch. There's no counter service, no business staff, nothing except people to intermediate using the machines or using phone banking.

peebeebee 3y ago
That's ok. It's eating your own dogfood, and also "being there" for people that really need it. Much better than a robotmenu on a phone. :)