Permanent Bank International Ltd (PBI) has been established in the Isle of Man since 1994 as a deposit taking bank and provides a range of international deposit accounts in GBP and EUR. Permanent Bank a wholly owned subsidiary of permanent tsb plc which is incorporated in Ireland and regulated by the Central Bank of Ireland. In December 2017 Permanent Bank International Ltd surrendered its license.
Permanent Bank International Limited participates in deposit guarantee scheme of the Isle of Man. This scheme covers accounts up to 50 000 GBP per bank per depositor.
Permanent Bank International Limited was headquartered in Douglas.
The range of products offered by Permanent Bank International Limited includes savings products. Permanent Bank International Limited makes its solutions available to local residents.
|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 the Isle of Man are obliged to participate in Manx deposit guarantee scheme.
In the case of Permanent Bank International Limited failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||any credit balance on an account with a bank (for example, current accounts, notice accounts and fixed term accounts)|
|Maximum Protected Amount||50 000 GBP|
|Paid In Currency||GBP|
Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.