Banking Circle S.A.

Bank · London, United Kingdom · overall 4.9 / 10

Open in Bank Index

How this 4.9 is built

Average of 6 scored needs: 4.9. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

Banking Circle S.A. is recorded in the global register as a bank in London, United Kingdom. The register names PRA / FCA as its regulator and shows the licence as licensed. Collected from open registers.

On its own website: “Next Gen Banking.Powered by the Latest Technology. Modern Financial Technology Platform Fully licensed bank withCentral Bank Clearing Railsand world-class APIs […]”

Regulated by: PRA / FCA
Licence confirmed: yes, on a regulator's own list
Website: www.bankingcircle.com/

Scores, 0 to 10

6.0United Kingdom

Licensed and operating in its home country per the register entry; the depth of its offer here has not been checked yet. · source

6.0Financial strength & stability

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Lowest fees

Holds 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 balances

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

5.0Trade, manufacturing & import-export

Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source

4.5Fast digital onboarding

Holds 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 accounts

Its 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

Sources

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.