BNP Paribas Securities Services is a global custodian and securities services provider. BNP Paribas Securities Services S.C.A., Jersey Branch operates as a branch of BNP Paribas Securities Secvices (France).
BNP Paribas Securities Services S.C.A., Jersey Branch participates in deposit guarantee scheme of Jersey. This scheme covers accounts up to 50 000 GBP per bank per depositor.
BNP Paribas Securities Services S.C.A., Jersey Branch is located in St Helier.
|Yes (up to 50 000 GBP per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All credit institutions operating in Jersey are obliged to participate in Jersey's deposit guarantee scheme.
In the case of BNP Paribas Securities Services S.C.A., Jersey Branch failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||private individuals, charities|
|Covered Accounts||all deposit accounts|
|Maximum Protected Amount||50 000 GBP|
|Paid In Currency||GBP|
Any bank can be identified for different purposes and hence can have several different identifiers.
BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.
A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).
BIC of BNP Paribas Securities Services S.C.A., Jersey Branch and its components are shown in the table below.
|Bank BIC Code||PARB|
|Country Code||JE (Jersey)|