Many banks noted that an increasingly large proportion of customers choose to bank from the comfort of their own homes.
Seeing them use their smartphones or computers to manage their money, rather than travelling to a branch and waiting in a queue.
The banking groups include NatWest, Lloyds, Halifax, Bank of Scotland and RBS.
This will mean that London will see many high street banks close down in the coming months.
NatWest, Lloyds and Halifax all have a number of branches in the capital that will be closing their doors for good.
Full list of banks in London closing down
NatWest
Dean Street, London – July 5
Aldersgate Street, London – July 13
Fleet Street, London – August 17
Whitgift Centre, Croydon – July 4
Hilldene Avenue, Romford – July 6
London Road, Isleworth – July 12
South End, Croydon – July 19
Gredley House, Stratford – November 30
Lloyds
Sea Road, Fulwell – July 20
Holloway Road, London – July 25
Thavies Inn House, Holborn Circus, London – August 1
Threadneedle Street, London – August 2
Halifax
Rushey Green, Catford – July 18
You can find out more information on your local bank closures, via the individual websites of the banks.
