Bank of America N.A. (United Kingdom)

Address

5 Canada Square, Canary Wharf, E14 5AQ, London, United Kingdom

BIC

BOFAGB3SSWI

Overview

Business Focus

investment banking

Bank of America is an American financial services and banking corporation. Bank of America provides a broad spectrum of services, including retail and private banking, asset management, corporate banking, investment banking and insurance.

Bank of America N.A. operates as a branch of Bank of America Corporation (United States).

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in Bank of America N.A.

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: Aa1

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

Bank of America N.A. is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa1 (high grade).

Deposit Guarantee

Protected Amount

up to 85,000 GBP

Guarantee Fund

Financial Services Compensation Scheme (FSCS)

Covered Accounts

current accounts
savings accounts
time deposit accounts

Eligible Depositors

private individuals
companies

Bank of America N.A. protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.