National Westminster Bank (Natwest) is a British credit institution providing retail, private and corporate banking products and services to individuals, businesses and corporate customers.
Becoming a client of National Westminster Bank can be done in a few steps:
Due to regulatory requirements National Westminster Bank performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual National Westminster Bank will ask him/her to provide the following documents: passport or ID card; utility bill. For corporate clients National Westminster Bank will ask to provide corporate documentation as well as information about controlling persons. National Westminster Bank may request additional documentation or information depending on the case.
National Westminster Bank is the 8th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 301,62 bln GBP, providing the bank with the market share of 3.40%. In 2018 the bank's annual profit was 2 736,00 mln GBP.
National Westminster Bank is rated by Fitch, Moody's. Long-term credit rating assigned to the bank by Fitch is A+ (high credit quality). Long-term credit rating assigned to the bank by Moody's is Aa3 (high grade).
National Westminster Bank participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. National Westminster Bank is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
National Westminster Bank is headquartered in London.
National Westminster Bank has profiles at the following social networks:
National Westminster Bank is authorized and supervised by the Financial Conduct Authority (reference number 121878).