A new “banking hub” where customers can access services from Lloyds, Santander and others is being proposed for the high street.

Plans have been submitted and, if approved, the hub would take over a former salesroom in High Street, Shoreham.

The hub will offer a counter service operated by the Post Office, where customers of all major banks and building societies can carry out regular cash transactions.

Mock-ups of the new signage outside the site show that HSBC, Natwest, Barclays, Lloyds, Nationwide and Santander could all be accessed at the site.

The site would also include typical over-the-counter services that can usually be found in high street banks.

Under the plans listed on the mock-ups, HSBC customers could access face-to face services on Mondays while NatWest customers could use the site on Tuesdays. 

Barclays customers could use the site on Wednesdays, Lloyds services would be available on Thursdays and Nationwide and Santander would split their service on Fridays.

The plans come as multiple bank branches have shut their doors as people shift towards online banking.

In Brighton, Virgin Money announced the closure of its North Street branch in November as customers “continue to change the way they want to bank with us”.

NatWest shut its branch in Pavilion Buildings, Brighton, in August while many other banks are closing across Sussex.

Banking hubs had been proposed as a way to make sure that in-person services are still accessible for those that require them but would reduce costs for the banks involved.

According to the Post Office, the hubs are “dedicated places where communities can access everyday personal and business banking services, such as withdrawing and depositing cash easily or paying in cheques over the counter”.

The site in Shoreham, one of 67 across the country, will be owned by Cash Access UK but will be funded by banks and run by the Post Office.

The planning application for new “illuminated fascia” and a “suspended illuminated directory of services” was first submitted to Adur District Council on September 21.

A decision on the application is due by November 16.