Established in 2010, Metro Bank provides a range of retail banking products and services to individuals and business clients.
Due to regulatory requirements Metro Bank Plc performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Metro Bank Plc will ask him/her to provide the following documents: passport, ID card, utility bill. For corporate clients Metro Bank Plc will ask to provide corporate documentation as well as information about controlling persons. Metro Bank Plc may request additional documentation or information depending on the case.
Metro Bank Plc is the 26th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 21 647,00 mln GBP, providing the bank with the market share of 0.24%. In 2018 the bank's annual profit was 27,10 mln GBP.
Metro 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. Metro Bank Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Metro Bank Plc is headquartered in London.
Metro Bank Plc is authorized and supervised by the Financial Conduct Authority (reference number 488982).