Australia News

Australian Bank Closes 45 Branches to Become Digital Only

The move continues an ongoing push towards cashless transactions across society.
Australian Bank Closes 45 Branches to Become Digital Only
New money at the Royal Australian Mint in Canberra, Australia on April 22, 2005 Mark Nolan/Getty Images
Monica O’Shea
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Bankwest will become a digital-only bank, closing 45 branches in Western Australia and transitioning 15 to Commonwealth Bank of Australia (CBA) branches.

The bank is planning to convert to a digital bank completely by October 2024, closing or converting all the remaining bank branches it operates in Australia.

Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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