Cynergy Bank was established in December 2018 following the acquisition of Bank of Cyprus UK which was operating in the United Kingdom since 1955. Cynergy Bank is a specialist bank that serves the needs of business owners, entrepreneurs and family businesses.
Becoming a client of Cynergy Bank LTD can be done in a few steps:
Due to regulatory requirements Cynergy Bank LTD performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Cynergy Bank LTD will ask him/her to provide the following documents: passport; proof of address. For corporate clients Cynergy Bank LTD will ask to provide corporate documentation as well as information about controlling persons. Cynergy Bank LTD may request additional documentation or information depending on the case.
Cynergy Bank LTD is the 74th largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 2 471,90 mln GBP, providing the bank with the market share of 0.03%. In 2019 the bank's annual profit was 13,52 mln GBP.
Cynergy Bank LTD 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. Cynergy Bank LTD is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Cynergy Bank LTD is headquartered in London.
Cynergy Bank LTD has profiles at the following social networks:
Cynergy Bank LTD is authorized and supervised by the Financial Conduct Authority (reference number 575105).