UBS plans to close 44 branch offices. No details on which ones are being closed but it seems that there will be quite a few job losses.


https://www.nzz.ch/meinung/ubs-filia...ten-ld.1595994


https://insideparadeplatz.ch/2021/01...obs-auf-kippe/


Sorry, I could not find any English language link.

Our local branch already has- got to go down to Neuchâtel. Only ATMs opened still.

i'm never really sure who uses bank branches anyway. they always seem empty whenever i go in to use an ATM and any banking business I tend to conduct by email.

UBS branch in Bern near the station is always busy with queues. Zug has a huge branch where ther is rarely anyone.

Much nicer to go and have a chat with your local Manager, who knows you and your circumstances - truly. And with a cup of decent coffee and biscuits.

Nicer for you, but more expensive for the bank and requested by fewer and fewer clients, which is why more and more branches are being closed.

I would far rather deal with 99% of things in the app or website and if I have a problem email or call my RM. Far more time efficient for me. I realise that some people have more time than others though.

I went it to open my accounts and to sort out my mortgage...... other than that e-banking or I email my client manager directly (way more helpful than British banks where you can't contact your branch at all anymore it seems).

my mortgage has always been 100% dealt with by email with CS in a different canton.

For your generation maybe. I want to do things fast, and have no fees. As such, I bank with a mobile only provider who doesn't charge me for banking. Being a Brit the idea of paying to have a bank account is completely alien (unless it comes with premium features like insurance or airline lounge access).

I think there's going to be an international market for biddy banking, where you can go in and spend all queuing and gossiping to your heart's content and do everything the good old fashioned way and not have to use this new fangled internet malarky! Each to their own

Even you will be old one day no-one escapes.

UBS have closed branches, but not stopped the fees!

No shops, no independent shops for sure, no POs or banks - people who do not know their neighbours and don't talk to them, no community spirit. You have it- each to their own, as you say. But it would be nice to have a choice- and that choice is taken away.

Agree on that, at least for some generation: recent article from a famous Spanish writer on this topic: https://translate.google.com/transla...z-reverte.html

They always try to hard sell me their useless "fonds" whenever I go to the bank in person, therefore I try to avoid personal contact as much as possible!

I'm all for internet banking, anyway.....

• Opened my account in a branch.
• Got first salary from a cashier because the card had not arrived home yet by post.
• Signed the internet banking contract.
• Asked for a credit card.
• Got asked to visit a branch to show valid residence permit so my account stays open.
• Sign the papers for the rentals deposit (in & out).

in fairness you could have done all those by post or online too.

don´t they have some kind of video identification app?

Not UBS, at least not the last time I had to go.


I see this is a thing now https://www.ubs.com/minisites/ubs-co...bswelcome.html

Yeah, they totally believe it is me.


Certain banks already charged a fee for years if you went into a branch and asked them to handle a payment