BPI Europe Plc

BPI Europe Plc

4.80
%
AER
1 year | GBP
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  • FSCS protects deposits up to £85,000 per person

All offers from BPI Europe Plc

4.84 % AER
3 months
fscs.org.uk
4.81 % AER
6 months
fscs.org.uk
4.80 % AER
1 year
fscs.org.uk

About BPI Europe Plc

BPI Europe Plc is a UK-based bank that has been operating since 2007. As a wholly owned subsidiary of the Bank of the Philippine Islands (BPI), BPI Europe Plc is part of the oldest bank in the Philippines and Southeast Asia. BPI was founded in 1851 and is now listed on the Philippine Stock Exchange.

Headquartered in London, BPI Europe Plc specialises in the management and trading of fixed income securities, syndicated loan management and foreign exchange trading, among others. The bank is authorised by the Prudential Regulation Authority (PRA) and regulated by both the PRA and the Financial Conduct Authority (FCA).

Bank details

Headquarters: London
Year established: 2007

Security and deposit guarantee

Deposits are eligible for protection by the Financial Services Compensation Scheme (FSCS) http://www.fscs.org.uk/. The FSCS is the United Kingdom’s statutory deposit guarantee scheme that covers deposits in individual savings accounts up to £85,000, per banking group regulated by the Financial Conduct Authority or the Prudential Regulation Authority. It is available for deposits with most UK high-street and online banks/building societies and means if the bank/building society fails, and deposits become unavailable, the scheme may cover your deposit account deposit up to the £85,000 per person, per banking group limit.

Compensation limits are per person per firm, not per deposit. Be aware that if you have other deposits with this building society (or banking group) then the £85,000 protection applies only to eligible deposits up to this limit.

Timescales for the return of your money can vary between different banks/building societies and banking groups. This building society holds funds under a trust model. Funds held under a trust model can take up to three months to be returned, but in most cases will be returned sooner than this.

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