Bank Index

MARKS AND SPENCER FINANCIAL SERVICES PLC

Bank · CHESTER, United Kingdom · overall 5.3 / 10

Open in Bank Index

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in United Kingdom: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. Scores set by its kind of institution.

Retailer-owned bank offering cards, loans and savings

Legal name
MARKS AND SPENCER FINANCIAL SERVICES PLC
Regulated by
Prudential Regulation Authority (Bank of England)
Licence confirmed
yes, on a regulator's own list
Established
1983
LEI
2138009M124EE2Q9ZK29

Scores, 0 to 10

6.5Financial strength & stability
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet. · source
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.
5.5Cross-border payments, FX and multi-currency accounts
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
5.0Lowest fees
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.
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.
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.
4.5Fast digital onboarding
Holds a banking licence, so it can hold deposits and run payments; the actual terms have not been checked yet.

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.