SMBC Bank International plc (United Kingdom)

Address

99 Queen Victoria Street, EC4V 4EH, London, United Kingdom

BIC

SMBCGB2L

Overview

Business Focus

corporate banking

Established in 2001 Sumitomo Mitsui Banking Corporation (SMBC) is a member Japanese financial group Sumitomo Mitsui Financial Group. SMBC is a universal bank offering a broad spectrum of retail, corporate and investment banking products and services.

Deposit Protection

Deposits up to 85,000 GBP are covered by the United Kingdom's deposit guarantee scheme in SMBC Bank International plc.

Services

corporate banking

trade finance

asset finance

project finance

foreign exchange

Products

corporate deposits

bank guarantees

International Transfers

SWIFT Transfers

SEPA Credit Transfers

SEPA Instant Transfers

SEPA Direct Debits

SEPA Direct Debits B2B

Credit Ratings

Fitch: -

AAA

AA+, AA, AA-

A+, A, A-

BBB+, BBB, BBB-

BB+, BB, BB-

B+, B, B-

CCC, CC, C, RD, D

Moodys: A1

Aaa

Aa1, Aa2, Aa3

A1, A2, A3

Baa1, Baa2, Baa3, Baa4

Ba1, Ba2, Ba3

B1, B2, B3

Caa1, Caa2, Caa3, Ca

SMBC Bank International plc is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is A1 (upper medium grade).

Deposit Guarantee

Protected Amount

up to 85,000 GBP

Guarantee Fund

Financial Services Compensation Scheme (FSCS)

Covered Accounts

current accounts
savings accounts
time deposit accounts

Eligible Depositors

private individuals
companies

SMBC Bank International plc protects deposits up to up to 85,000 GBP per depositor through the United Kingdom's deposit guarantee scheme. The scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies. The bank participates in the Financial Services Compensation Scheme (FSCS), making regular contributions into it.