Permanent Bank International Limited

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.

Business Focus

Savings Products

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.

Contacts

Hillary House, Prospect Hill, Douglas, Isle of Man
+44 (0) 1624 639200

Permanent Bank International Limited was headquartered in Douglas.

Bank Identifiers

Company Number
064936C
Close Date
15 December 2017

Business Summary

Products
savings products
Eligible Clients
local residents

The range of products offered by Permanent Bank International Limited includes savings products. Permanent Bank International Limited makes its solutions available to local residents.

Deposit Guarantee

Deposit Guarantee
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)
Covered Currencies  all
Maximum Protected Amount  50 000 GBP
Paid In Currency  GBP

Further Information

Company Registration Number

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.

Company Number  064936C