Secure Trust Bank was incorporated in 1954 in the United Kingdom. Secure Trust Bank provides a range of retail and corporate banking products and services including lending solutions and savings products.
Due to regulatory requirements Secure Trust Bank plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Secure Trust Bank plc will ask him/her to provide the following documents: passport, ID card, utility bill, employment details, income details. For corporate clients Secure Trust Bank plc will ask to provide corporate documentation as well as information about controlling persons. Secure Trust Bank plc may request additional documentation or information depending on the case.
Secure Trust Bank plc is the 69th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 2 444,30 mln GBP, providing the bank with the market share of 0.03%. In 2018 the bank's annual profit was 28,30 mln GBP.
Secure Trust Bank plc 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. Secure Trust Bank plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Secure Trust Bank plc is headquartered in West Midlands.
Secure Trust Bank plc is authorized and supervised by the Financial Conduct Authority (reference number 204550).