Shawbrook
Banking license: United Kingdom (AA)
Deposit amount: Min. £ 1,000 – Max. £ 85,000
Protection limit: Up to £ 85,000 payout in British Pound
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Bank Details
Founded in 2011, Shawbrook is a purpose-led organisation, with a focus on delivering long-term sustainable value for stakeholders. We have a diversified offering, with our innovative lending propositions tailored to meet specific customer needs in carefully selected markets across SME, Real Estate and Personal. We fuel our lending through customer deposits, which we attract by delivering a premium experience, choice and consistently great value to smart savers. Shawbrook Bank Limited is an operating entity of Shawbrook Group plc. Shawbrook Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority and is a member of the Financial Services Compensation Scheme.
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.
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