Bank of Philippine Islands (Europe) plc

Address  SW5 0RP, United Kingdom, London, 11 Kenway Road, Earl's Court

Bank Identifiers 
    MFI ID  GB0452
Deposit Guarantee  Yes (up to 85 000 GBP per depositor)
European Presence  2 banks in 2 countries

Bank of Philippine Islands (Europe) plc is located at United Kingdom, London. It is one of 361 credit institutions operating in United Kingdom.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  GB0452

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in United Kingdom are obliged to participate in British deposit guarantee scheme.

In the case of Bank of Philippine Islands (Europe) plc failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information: Deposit Guarantee Scheme in United Kingdom

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  No
Exempt from MRR by ECB  No

European Presence

This bank operates in the following European countries and selected dependent territories of the European countries:

Italy

United Kingdom

  •  (this bank) Bank of Philippine Islands (Europe) plc (London)

Related Information on United Kingdom

Economy and Banking Sector of United Kingdom

List of Banks in United Kingdom