Bankwest has announced it will close 29 branches across the east coast of Australia, as the company focuses on its digital and brokerage services.

The closures will affect 200 jobs across the company, as branches begin to wind up over a three week period from August 17.

SEE BELOW FOR THE FULL LIST OF CLOSED BRANCHES

Bankwest is set to close 29 branches across Australia. Picture: Supplied (AAP)

It will leave just 14 key branches, with impacted customers set to receive guidance on alternative banking options.

More than half the branch closures are in New South Wales, with the rest in Victoria and Queensland.

Bankwest has 82 branches and three standalone business centres in Western Australia.

Bankwest is owned by Commonwealth Bank, one of the big four banks that faced heavy criticism during the banking royal commission.

Up to 200 jobs will be affected by the closure. Picture: Supplied (AAP)

Managing Director Rowan Munchenberg said rapid changes in the digital space required Bankwest to make important decisions on where to invest to deliver great value for customers and grow nationally.

“Many people still value face-to-face interactions, but customers increasingly expect seamless self-service options that allow them to do their banking when and where they choose,” he said.

“We’re seeing a consistent trend of customers choosing mobile banking over in-branch options for their transaction needs, with an 88 percent rise in app logins over the past three years.

“So, we’re transforming our organisation to respond more rapidly to these changing customer needs by adopting new ways of working and embracing new technologies.

“But we know we can’t match the major banks’ nation-wide footprint and also deliver world class digital services, so we will prioritise digital channels and broker relationships.

The changes are set to impact customers across the east coast. Picture: Getty

“This change does not impact Western Australia, where our strong brand and established footprint enables us to maintain highly competitive branch and digital offerings.”

Mr Munchenberg said the change had been a difficult decision, given a significant number of east coast colleagues would be affected.

“We will work with and support impacted colleagues in the coming weeks, doing what we can to help them identify other opportunities, be they within or outside of the Group,” he said.

“We are writing to affected customers to outline options, such as using Australia Post’s Bank@Post services and, for business customers, taking advantage of CBA branches.

“Ultimately, this change means we can provide better services to more customers in the future.”

Nine Finance Editor Ross Greenwood said branches were expensive to run and more people were switching solely to online banking.

Greenwood also suggested that amidst the royal banking commission fallout, other banks might be looking to reduce branches.

"This certainly is yet another issue in regards to the way in which banks are dealing with the public and the idea is that younger customers coming through are more likely to do it online," he said.

Branches set to close

- Charlestown NSW, August 17

- Carindale Queensland, August 17

- Southland Victoria, August 17

- Randwick NSW, August 20

- Chermside Queensland, August 20

- Box Hill Victoria, August 20

- Bondi Junction NSW, August 22

- Indooroopilly Queensland, August 22

- Doncaster Victoria, August 22

- Top Ryde NSW, August 24

- Mount Ommaney Queensland, August 24

- Eastlands Victoria, August 24

- Blacktown NSW, August 27

- Loganholme Queensland, August 27

- Highpoint Victoria, August 27

- Bankstown NSW, Aghust 29

- North Sydney NSW, August 29

- Knox City Victoria, August 29

- Miranda NSW, August 31

- Mount Druitt NSW, August 31

- Airport West Victoria, August 31

- Chatswood NSW, September

- Castle Hill NSW, September 3

- Hornsby NSW, September 5

- Eastgardens NSW, September 5

- Burwood NSW, September 5

- Penrith NSW, September 5

- Warringah Mall NSW, September7