Ribbon cut to launch M&S Bank, Norwich, with Bank Manager Shaun Buchanan cutting the ribbon, flanked by Crawford Prentice, Deputy CEO of M&S Bank, and Chris Blake, Head of M&S Money Business Development.

Retailer Marks & Spencer moved into banking today with the opening of a new branch in Norwich.

The in-store bank was opened by Crawford Prentice, deputy chief executive of M&S Bank, and M&S Bank Manager Norwich, Shaun Buchanan.

The Norwich branch, located on the third floor, will be open the same hours as the store including evenings and weekends.

Mr Prentice, said: “Our branches have been designed around the needs of our customers, offering them the style of banking they want; available at times to suit their busy lifestyles. I am delighted to open the Norwich branch of M&S Bank and look forward to welcoming our customers here today.”

Designed specifically around the M&S customer, the bank offers two accounts the M&S Premium Current Account with insurance for a monthly fee of £20 for a minimum 12 month period, and the M&S Premium Current Account without insurance for a monthly fee of £15.

The Norwich branch will offer customers a new pager service alerting them to when an advisor is free so they can carry on shopping.

The branch will also include internet and telephone banking facilities.