Bank Index
Unity Trust Bank plc
Bank · BIRMINGHAM, United Kingdom · overall 5.1 / 10
How this 5.1 is built
Average 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.
UNITY TRUST BANK PLC is recorded in the global register as a bank in BIRMINGHAM, United Kingdom. The register names Prudential Regulation Authority (Bank of England) as its regulator and shows the licence as licensed. Established 1984. Collected from open registers.
- Legal name
- UNITY TRUST BANK PLC
- Regulated by
- Prudential Regulation Authority (Bank of England)
- Licence confirmed
- yes, on a regulator's own list
- Established
- 1984
- LEI
- 213800PX57VULWV8AK43
- Website
- www.unity.co.uk/
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
6.0Lowest fees
The 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: “Contact us to find out more Product information Customer turnover***: £100k to £2 million Monthly Fee: £7 per month Credit Interest Rate: 0% AER – Annual Relationship Man” · 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
5.0Best 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
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.