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This branch is closing but we\'re still here to help Our Tewkesbury branch is closing on Friday 5 October 2018 Reasons for closure, and alternative ways to banks branch is closing, but your bank is
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Abandon ship how banks refers to a procedure that banks must follow when they stop processing transactions for a specific asset or account that is no longer deemed viable. It typically involves reporting to regulatory authorities.
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Banks and financial institutions that manage or process accounts or assets that they intend to stop servicing or supporting are required to file abandon ship how banks.
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Information that must be reported includes account numbers, account holder details, reasons for abandonment, and any relevant transaction history.
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