BNF Bank PLC

United KingdomUnited Kingdom(AA)

Deposit amount: Min. £1,000 – Max. £85,000

Protection limit: Up to £85,000 payout in GBP

logo of BNF Bank PLC

Top offer from this bank

4.10% AER

Term:
6 months

Account information

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Rate
Duration
Deposit Guarantee
Product Type

Rate

4.10% AER

Duration

3 months

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Rate

4.10% AER

Duration

6 months

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Fixed Term

Product Type

Fixed Term

Top offer from this bank

4.10% AER

Term:
6 months

Bank Details

BNF Bank p.l.c. was incorporated in Malta on 27 March 2007 as Banif Bank (Malta) p.l.c., and licensed to operate as a credit institution in terms of the Banking Act. On 4 October 2016, JUD Investment Group Limited, a subsidiary of Al Faisal International for Investment, acquired a controlling stake in the Bank, and to date remains its largest shareholder. The Bank’s name was subsequently changed to BNF Bank p.l.c. In September 2019, and the Bank established BNF Bank p.l.c. (London Branch), an overseas company registered in the United Kingdom bearing company number FC036636. The Bank is a key player in the Maltese financial services sector and has an international presence through its branch in London. The latter’s strategic focus is participation in the syndicated loan market and raising retail deposits through the Raisin platform. BNF Bank aims to be the bank of choice for individuals and businesses, driven by the highest principles of ethical and social responsibility. In Malta, the Bank offers personal and business clients highly personalised products and services, through a network of 12 retail branches equipped with automated teller machines (ATMs) and deposit machines spread across the island, a corporate and business banking centre, a local trading room, as well as a strong team of customer care representatives. Through the Commercial Banking arm, BNF Bank offers a wide array of services to retail, small to medium sized enterprises (SMEs) and corporate customers. With more than 200 employees, the Bank makes every effort not to treat customers as mere numbers and for this reason, the Bank has managed to carve lasting relationships with its customers while attracting new ones, who see the Bank as innovative and above all true to the promise of service personalisation. The Bank is focused on growing its own digital channels solidly founded on the notions of scalability, speed, security and stability. The Financial Services Compensation Scheme protects deposits made into savings accounts offered by BNF Bank Plc via our marketplace up to £85,000 per person, per banking group.

Security & Deposit Protection

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £85,000 per person, per bank. The FSCS’ £85,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

Who is Raisin?

We are the UK savings marketplace for Raisin, one of Europe’s most successful technology-led financial services companies. We connect you with a range of banks and building societies offering deposit-protected savings accounts with competitive interest rates, making it easier for you to grow your money. Using our savings marketplace is simple. By registering for a Raisin UK Account, you'll only ever need to fill in one application form. Then you can browse, apply for and fund a range of savings accounts, and manage everything under one roof. No paperwork or endless passwords to remember - just a free, easy way to grow your savings.