Bank Index
Allica Bank Ltd
Bank · LONDON, United Kingdom · overall 5.1 / 10
Open in Bank Index
How this 5.1 is builtAverage of 6 scored needs: 5.1. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 2 scores backed by filings or its own pages.
ALLICA BANK LIMITED is recorded in the global register as a bank in LONDON, United Kingdom. The register names Prudential Regulation Authority (Bank of England) as its regulator and shows the licence as licensed. Established 2011. Collected from open registers.
On its own website: “Switch to a rewarding business bank built especially for established businesses. Call us on 0330 094 3333 or apply online.”
- Legal name
- ALLICA BANK LIMITED
- Regulated by
- Prudential Regulation Authority (Bank of England)
- Licence confirmed
- yes, on a regulator's own list
- Established
- 2011
- LEI
- 8945008WK6DNAUZQ7L32
- Website
- www.allica.bank/
Scores, 0 to 10
6.0United KingdomLicensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. ·
source 6.0Lowest feesThe bank's own page names the monthly account charge. Transfer and card prices were not read on that page, so this score speaks only for the monthly charge. It reads: “** FPS: Faster Payments are free for up to 150 transactions per month, after which a £0.12 fee applies per payment” ·
source 6.0Financial strength & stabilityHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 5.0Best interest on business balancesHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 5.0Trade, manufacturing & import-exportHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 4.5Fast digital onboardingHolds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. ·
source 4.0Cross-border payments, FX and multi-currency accountsIts own business page names SWIFT, so payments can leave the country. The score stops at 4.0 because the page did not give the currencies the account holds or the margin on the exchange rate, and the rubric needs both to go higher. ·
source Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.