Santander UK

 (5.0; 2 ratings)
5.0 2
Business Focus
retail and corporate banking

Santander UK was established in 1998 as a result of a merger of three building societies. Currently Santander UK operates as a full-service bank, offering a broad range of retail, private and corporate banking products and services to individuals, SMEs and large companies in the United Kingdom.

Services

retail banking
private banking
corporate banking

Clients

private individuals
companies

Area Served

GBUnited Kingdom

Products

current accounts
savings accounts
term deposit accounts
credit cards
ISA accounts

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

Account Opening

Becoming a client of Santander UK can be done in a few steps:

1.
Submit online application
2.
Visit bank branch

Santander UK performs client's identity verification via branch visit.

Ways to Bank

Santander UK delivers its products and services through both direct and indirect channels, namely:
branch
online banking
mobile app
post office

Financials

Total Assets of Santander UK
Annual_profit of Santander UK
Market Share of Santander UK
Total Assets (2018)
283.37 bln GBP  (-9.97%)
Annual Profit (2018)
1,104.00 mln GBP  (-12.10%)

Santander UK is the 9th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 283,37 bln GBP, providing the bank with the market share of 3.19%. In 2018 the bank's annual profit was 1 104,00 mln GBP.

Credit Ratings

Fitch: A+
AAA
AA+, AA, AA-
A+, A, A-
BBB+, BBB, BBB-
BB+, BB, BB-
B+, B, B-
CCC, CC, C, RD, D
Moodys: Aa2
Aaa
Aa1, Aa2, Aa3
A1, A2, A3
Baa1, Baa2, Baa3, Baa4
Ba1, Ba2, Ba3
B1, B2, B3
Caa1, Caa2, Caa3, Ca

Santander UK 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 Aa2 (high grade).

Deposit Guarantee

Protected Amount
up to 85,000 GBP
Guarantee Fund
Financial Services Compensation Scheme (FSCS)
Covered Depositors
private individuals
companies
Covered Accounts
current accounts
savings accounts
time deposit accounts

Santander UK 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. Santander UK is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Member of Group

 Santander (Spain)

Contacts

201 Grafton Gate East, NW1 3AN, Milton Keynes, United Kingdom
44 08706076000

Santander UK is headquartered in Milton Keynes.

Bank Identifiers

BIC (SWIFT)
ABBYGB3EXXX
LEI
PTCQB104N23FMNK2RZ28
Company Number
02294747
MFI ID
GB0015

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
106054

Santander UK is authorized and supervised by the Financial Conduct Authority (reference number 106054).

Bank History

Start Date
September 1988

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Banking Products in the United Kingdom

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