Union Bank of India (UK) Limited

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3.4 9

Business Focus

retail and corporate banking

Union Bank of India (UK) is a wholly owned subsidiary of Union Bank of India, one of the largest banks in India. Union Bank of India (UK) provides a range of retail and corporate banking products and services.

Services

retail banking
business banking
corporate banking

Clients

individuals
companies

Area Served

GBUnited Kingdom

Products

current accounts
savings accounts
time deposit accounts
corporate loans
treasury

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits
FasterPayments

See Also

Account Opening

Becoming a client of Union Bank of India (UK) Limited can be done in a few steps:

1.
Submit online application

Due to regulatory requirements Union Bank of India (UK) Limited performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Union Bank of India (UK) Limited will ask him/her to provide the following documents: passport; proof of address. For corporate clients Union Bank of India (UK) Limited will ask to provide corporate documentation as well as information about controlling persons. Union Bank of India (UK) Limited may request additional documentation or information depending on the case.

Ways to Bank

Union Bank of India (UK) Limited delivers its products and services through both direct and indirect channels, namely:
branch
online banking

Financials

Total Assets of Union Bank of India (UK) Limited
Annual_profit of Union Bank of India (UK) Limited
Market Share of Union Bank of India (UK) Limited
Total Assets (2019)
454.10 mln USD  (+3.37%)
Annual Profit (2019)
-13,696,000.00 USD

Union Bank of India (UK) Limited is the 144th largest bank in the United Kingdom in terms of total assets. In 2019 its total assets were 454,10 mln USD, providing the bank with the market share of 0.00%. In 2019 the bank's annual profit was -13,70 mln USD.

Deposit Guarantee

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

Union Bank of India (UK) Limited 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. Union Bank of India (UK) Limited is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.

Contacts

Senator House, 85 Queen Victoria Street, EC2N 2BR, London, United Kingdom
44 02073324260
44 02073324251

Union Bank of India (UK) Limited is headquartered in London.

Bank Identifiers

BIC (SWIFT)
UBINGB2LXXX
LEI
213800AYQA28LZ7J6M48
Company Number
07653660
MFI ID
GB2727

Bank Supervision

Supervised By
Financial Conduct Authority
Reference Number
601551

Union Bank of India (UK) Limited is authorized and supervised by the Financial Conduct Authority (reference number 601551).

Bank History

Start Date
June 2011

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