THE HITS JUST KEEP ON COMING.......

This is some bullshit. The loyal customers who have banked, taken out loans, credit cards and mortgages DO NOT deserve this.

I guess I can digitally fly myself to Nassau (when not under lock down) to receive new credit cards, take out a loan, sign documents, and get my new checks. Are we trying to eliminate the informal/cash economy in this country or expand it?

How many times a month do you get a new credit card, take out a loan, sign documents, and get new cheques? Also, what are you talking about eliminating the informal/cash economy? You do realize that informal/cash economy means that it is outside of the banking system? How is closing a branch stopping that?

Like you said less banks will mean more people operating outside of the banking system and expansion of the informal economy. Thank you for agreeing with me by trying to be smart. Also are you paying my ticket to Nassau whenever I need a brick and mortar bank and have to miss a day off of work and trust me I hate going actually into these banks and avoid it like the plague if I can? Even if it is 3-4 times a year that you need a actual branch to go to that is a tremendous cost and expense for a person. You have no idea about my finances and banking needs as a long time customer of Scotia bank. When these banks can accept checks via photo from your phone, allow digital signatures, can actually mail your credit/debit cards to you, allow pinning outside of the branch, have smart ATMs that can actually deposit cash and all the other modern/digital things then maybe they can justify their reduction in physical branches. I wish all the infrastructure was in place to allow this but, it is not. If you think any reduction in infrastructure and services in a area is a good thing and will help the economy of that area you are a moron.

both :)

How disingenuous of Scotiabank. They talk about 93% or transactions in Abaco digital. What do they expect when the bank was closed due to Hurricane Dorian. But again, foreign banks have no empathy or concern for the Bahamas. Maybe Commonwealth Bank can step up and begin to fill the void and become the bank of choice for Bahamians

Exactly bring back bank of the Bahamas scotia and royal bank are Canadian banks the Bahamas needs to stand on it's own 2 feet instead of depending on foreign banks it's going to be hard cashing checks n so forth and what happens when the atm run out of money this is ridiculous I guess everyone has to bank with royal bank now in exuma but that leaves long island with no banks at all what about the person's that dont kno or understand how to do the online banking where that leave them

We are already 20 years into the 21st century. Receiving new credit cards and new checks can be done via mail; documents can be signed electronically, as can loan applications. I am shocked the banks kept physical branches on these islands opened for this long.

There is a reason you don't see other banks swooping in to fill the void left by Scotia Bank, Royal Bank, etc -- the paradigm of many physical branches scattered throughout a country (any country) has long been obsolete. The rest of the world has moved on to online transactions (Zelle, Cash App, Apple Pay, Google Pay, Direct Deposit, autorecurring payment schedules, DocuSign, etc) and closed many of their physical branches. The question shouldn't be "what happens when the ATM runs out of money"; rather, the question should be "why are we still conducting transactions dependent on dollar bills"?

And if we as a country still do not have the infrastructure necessary for online banking, is that the banks' fault or the governments' (both FNM and PLP)??

Don't shoot the messenger.

conch fritter have you ever travelled to any of the family islands? These forms of e payment do not exist, and if they did it would be a nightmare for the businesses having to deal with slow people. I have painfully witnessed many people struggle to use a debit machine as form of payment and you talking about using smart phones to pay? Some of those islands don't even have a western union or money mart smh

ROFL go mail yourself a letter in the mail and see how long it takes to get it if you ever get it. I wish all the services and online/digital options were available. I hate going into a brick and mortar bank and we should have long moved past this but, this unfortunately is not the case.

By mail??? Bwahahahaha! I just received my November2019 and December 2019 bank statements this past Tuesday! Nothing can be reliably done by mail, especially in the Family Islands. Anybody who thinks this withdrawl of brick-and-morter bank branches, especially from the Family Islands, is a non-issue let alone a positive thing is completely lacking in critical thinking skills and lacks the ability to foresee the consequences.

Perhaps all SB debtors not domiciled in Nassau should refrain from making good on any debts to this shabby institution as a matter of protest for such inconscionable treatment of its thousands of family island customers who have suported this bank and its coffers for decades.

And how will SB trace you down and send you a summons to appear in court??? ............. by mail or the Popo or a debt recovery agency.

Banks operate with a battery of lawyers and law firms selected by them and on their "Approved List" with whom Comsumers business are referred to or are "selected" by the comsumer. The Banks have all the clauses and fine print to stick any of the charges and money costs to Consumer(s) and backed up by "Approved" lawyers. The lucrative business from Banks are always sought after by Lawyers. Ironically, the Bahamas does not have a Consumer Financial Protection Bureau to protect Consumers and many consumers having aggrieved, blatent injustices etc. And after any Consumer financial issue with Bank usually leaves Consumer with money shortfall and endless back and forth frustrations there is no money to pay to lawyer....and if there is money to pay lawyer will have Lawyers claiming Conflict on going up against Banks with the deepest money pockets. Consumers need Consumer Financial Protection Bureau to protect them., represent them on financial concerns.