Bank Index

VersaBank

Bank · London, Canada · overall 5.3 / 10

Open in Bank Index

How this 5.3 is built

Average of 6 scored needs: 5.3. Regulation in Canada: 91/100 (World Bank governance indicators). Licence confirmed by a regulator's own list. 1 score backed by filings or its own pages.

VersaBank is recorded in the global register as a bank in London, Canada. The register names OSFI (+ US regulators) as its regulator and shows the licence as active. Established 2014. Collected from open registers. We have not checked this company by hand yet.

Legal name
VersaBank
Regulated by
OSFI (+ US regulators)
Licence confirmed
yes, on a regulator's own list
Established
2014
LEI
549300RUBSDFVNCR7415
Website
versabank.com

Scores, 0 to 10

6.5Financial strength & stability
· source
6.0Canada
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.