Banks covered by the Depositors Compensation Scheme

​​​​​Banks covered by the Depositors Compensation Scheme (DCS)

The following Jersey registered banks may hold eligible deposits:

• Barclays Bank plc, Jersey Branch
• BNP Paribas S.A., Jersey Branch
• Butterfield Bank (Guernsey) Limited, Jersey Branch​
• EFG Private Bank Limited, Jersey Branch
• HSBC Bank Plc, Jersey Branch
• Investec Bank (Channel Islands) Limited, Jersey Branch
• JPMorgan Chase Bank N.A., Jersey Branch
• Lloyds Bank Corporate Markets plc, Jersey Branch
• Nedbank Private Wealth Limited, Jersey Branch
• Royal Bank of Canada (Channel Islands) Limited
• Santander Financial Services plc, Jersey Branch
• SG Kleinwort Hambros Bank Limited, Jersey Branch
• Standard Bank Jersey Limited
• Standard Chartered Bank, Jersey Branch
• The Royal Bank of Scotland International Limited
• UBS AG, Jersey Branch
• Union Bancaire Privée, UBP SA, Jersey Branch

Banks grouped for the purposed of Regulation 6 of the Banking Business (Depositors Compensation) (Jersey) Regulations 2009:

• Citibank N.A., Jersey Branch
• Citicorp Banking Corporation, Jersey Branch​​

Bank deposits held outside of Jersey​

To be protected by the DCS, deposits must be placed in an account held in Jersey with banks regulated by the Jersey Financial Services Commission.

Bank deposits in more than 1 bank in a banking group

Each group will be taken to be 1 bank for the purpose of paying compensation to depositors.

Where a depositor has accounts with more than 1 bank in the same group, collectively deposits in those accounts will be protected up to £50,000 in total.​