Bank Licence List Investor Compensation

Bank Licence List - Investor Protection Compensation Scheme
(Revised July 2013)

Detailed below is a large list of Banks trading (and former trading names) in the UK.  It is not complete but covers all the major banking groups.

Why is the Bank Licence list so important?  Quite simply the Financial Services Compensation Scheme protects cash investors up to £85,000 per person per Banking Licence.  Therefore, you should have no more than £85,000 with any one banking licence.   For example Bank of Scotland plc has 7 'trading Bank names' to our knowledge, you should ideally have no more than £85,000 combined investment across them all.

Where are the Building Societies in the list?  Building Societies are licenced under the Building Society Act and each individual Building Society has its own licence and therefore each one has its own £85,000 protection limit (there are a few exceptions such as Chelsea Building Society being part of the Yorkshire Builidng Society, so just double check.  Builiding Society banking licences are not like banks where banks and brands many names trade under one licence.

• Watch Building Society Mergers:  When Building Societies Merge e.g.  Nationwide Building Society and Cheshire Building Society, two seperate individual protection limits of £85,000 i.e.  a total of £170,000 reduce to one limit of £85,000.  NOTE:  * A temporary concession is now in place for certain Building Society mergers where two protection level limits remain despite any merger, check with your Building Society to see if this concession applies to you.

International Banks and EEA Passport Licence:  This is where European Banks 'passport' there services into the UK under under an EEA European Economic Area 'Passport'.  You will normally be protected under their 'home' nation compensation scheme and not in the UK unless they have 'topped up' under the UK FSCS top up scheme.  Many brands that you may think are UK such as ING or Santander Private Banking are not covered by UK licences and UK investor protection.  Basically, if it has 'international' in the title, then the investor compensation is not likely to be protected by the UK Financial Services Compensation Scheme.

Pensions, Insurance and other Investments - These have totally different investor protection rules and limits.  What are they? Speak to us now.

List of Bank Trading Name and Bank Deposit taking Licence they trade:  BE CAREFUL NOT TO HAVE MORE THAN £85,000 UNDER ANY ONE LICENCE.

• AA Financial Services - UK Banking Licence Via - Bank of Scotland plc
• Aldermore - UK Banking Licence Via - Aldermore Bank plc
• Alliance & Leicester - UK Banking Licence Via - Santander UK plc
• Allied Irish Bank (GB) - UK Banking Licence Via - AIB Group (UK) plc
• Aviva - UK Banking Licence Via - Bank of Scotland plc
• Bank of China (UK) - UK Banking Licence Via - Bank of China (UK) Limited
• Bank of Cyprus UK - UK Banking Licence Via - Bank of Cyprus Public Company Limited
• Bank of London and The Middle East - UK Banking Licence Via - Bank of London and the Middle East plc
• Bank of Ireland UK - UK Banking Licence Via - Bank of Ireland (UK) plc
• Bank of Scotland - UK Banking Licence Via - Bank of Scotland plc
• Barclays Bank - UK Banking Licence Via - Barclays Bank plc
• Birmingham Midshires - UK Banking Licence Via - Bank of Scotland plc
• BM Savings - UK Banking Licence Via - Bank of Scotland plc
• Britannia - UK Banking Licence Via - The Co - operative Bank plc
• Brown Shipley - UK Banking Licence Via - Brown Shipley & Co Limited
• Butterfield Private Bank - UK Banking Licence Via - Butterfield Bank (UK) Ltd
• Cahoot - UK Banking Licence Via - Santander UK plc
• Cater Allen Private Bank - UK Banking Licence Via - Cater Allen Ltd
• Charity Bank - UK Banking Licence Via - The Charity Bank Ltd
• Cheltenham & Gloucester - UK Banking Licence Via - Lloyds TSB Bank plc
• C Hoare & Co - UK Banking Licence Via - C Hoare & Co
• Citibank - UK Banking Licence Via - Citibank International plc
• Close Brothers Savings - UK Banking Licence Via - Close Brothers Limited
• Clydesdale Bank - UK Banking Licence Via - Clydesdale Bank plc
• The Co - operative Bank - UK Banking Licence Via - The Co - operative Bank plc
• Coutts & Co - UK Banking Licence Via - Coutts & Co
• First direct - UK Banking Licence Via - HSBC Bank plc
• FirstSave - UK Banking Licence Via - FBN Bank (UK) Ltd
• First Trust Bank (NI) - UK Banking Licence Via - AIB Group (UK) plc
• Halifax - UK Banking Licence Via - Bank of Scotland plc
• HSBC - UK Banking Licence Via - HSBC Bank plc
• ICICI Bank UK - UK Banking Licence Via - ICICI Bank UK plc
• Intelligent Finance - UK Banking Licence Via - Bank of Scotland plc
• Investec Bank plc - UK Banking Licence Via - Investec Bank plc
• Islamic Bank of Britain - UK Banking Licence Via - Islamic Bank of Britain
• Julian Hodge Bank - UK Banking Licence Via - Julian Hodge Bank Ltd
• KRBS - UK Banking Licence Via - KRBS
• Lloyds TSB - UK Banking Licence Via - Lloyds TSB Bank plc
• Marfin Laiki Bank - UK Banking Licence Via - Marfin Popular Bank Public Company Ltd
• Marks & Spencer Money - UK Banking Licence Via - Marks & Spencer Financial Services plc
• Metro Bank Plc - UK Banking Licence Via - Metro Bank Plc
• National Savings & Investments - UK Banking Licence Via - HM Treasury
• NatWest - UK Banking Licence Via - National Westminster Bank plc
• Northern Bank - UK Banking Licence Via - Northern Bank Limited
• Northern Rock  - UK Banking Licence Via - Northern Rock plc
• Post Office - UK Banking Licence Via - Bank of Ireland (UK) plc/some Government protection
• Raphaels Bank - UK Banking Licence Via - R Raphael & Sons plc
• Royal Bank of Scotland - UK Banking Licence Via - Royal Bank of Scotland plc
• Saga - UK Banking Licence Via - Bank of Scotland plc
• Sainsbury's Finance - UK Banking Licence Via - Sainsbury's Bank plc
• Santander - UK Banking Licence Via - Santander UK plc
• Scottish Widows Bank - UK Banking Licence Via - Scottish Widows Bank
• Secure Trust Bank - UK Banking Licence Via - Secure Trust Bank plc
• Shawbrook Bank - UK Banking Licence Via - Shawbrook Bank
• Smile - UK Banking Licence Via - The Co - operative Bank plc
• Standard Life Cash Savings - UK Banking Licence Via - Barclays Bank plc
• State Bank of India - UK Banking Licence Via - State Bank of India
• Tesco Bank - UK Banking Licence Via - Tesco Personal Finance plc
• Turkish Bank (UK)  - UK Banking Licence Via - Turkish Bank (UK) Ltd
• Ulster Bank - UK Banking Licence Via - Ulster Bank Limited
• United National Bank - UK Banking Licence Via - United National Bank Limited
• United Trust Bank - UK Banking Licence Via - United Trust Bank Limited
• Vanquis Bank - UK Banking Licence Via - Vanquis Bank Ltd
• Virgin Money - UK Banking Licence Via - Northern Rock plc
• Weatherbys Bank Limited - UK Banking Licence Via - Weatherbys Bank Limited
• Wesleyan Bank - UK Banking Licence Via - Wesleyan Bank Limited
• Yorkshire Bank - UK Banking Licence Via - Clydesdale Bank plc

This list is not an all inclusive list wth errors and omissions accepted as well as the continuing trend of mergers and acqusitions taking place that may affect banking licences and your investor compensation protection.