A new hub which will bring together several banks is set to open.

People living in Hailsham will benefit from the new service which aims to improve cash access.

Personal and business customers will be able to use basic banking services with assistance from a rotation of staff from major banks.

The hub, which will be delivered by Cash Access UK, will also contain a Post Office counter.

It comes as multiple bank branches have shut their doors as people shift towards online banking.

In September last year, a Lloyds and Halifax branch closed in Hailsham as Lloyds Banking Group reported the use of the banks had fallen by an average of 54 per cent in the last five years.

READ MORE: Thousands of residents could struggle as energy prices increase

The first hub of its kind in Sussex opened in Shoreham’s High Street in March. There, customers are able to make use of HSBC services on Monday, Natwest on Tuesday, Barclays on Wednesday, Lloyds on Thursday and Santander on Friday.

To date, 81 have been opened across the country to combat the lack of in-person services.

The new branch, among 11 others, has been put forward by cash access and ATM network Link, while three others are planned to open on request from the communities.

Link can recommend the hubs when there is one bank or building society in the town and where it might not meet the needs of businesses and consumers.

Under new access to cash rules led by the Financial Conduct Authority, banks and building societies must assess whether branch closures or changes to local services will leave communities lacking in ways to draw out cash.

A review of services on offer can also be requested by residents, businesses, local representatives and charities if there are concerns.

Adrian Roberts, deputy CEO of Link, said: “Today is an important moment for the millions of people across the country who either rely on or prefer to use cash on a regular basis.

“The new rules that have come into effect today are great news for consumers and businesses and will ensure that access to cash continues to be available on our high streets for years to come.”