posted on 06-06-2019
High Street Bank
Updated October 1, 2019
What it is:
A High Street Bank is a retail bank in the United Kingdom that has many locations.
How it works/Example:
The term gets its name from the British equivalent of "Main Street" in the United States. In turn, a High Street Bank is an everyday bank that is well-known throughout the country.
Why it matters:
High Street banks tend to offer more services.