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Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

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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 Securities Services S.C.A., Jersey Branch
  • Butterfield Bank (Jersey) Limited
  • 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
  • Nedbank Private Wealth Limited, Jersey Branch
  • Royal Bank of Canada (Channel Islands) Limited
  • Santander Financial Services plc, 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
  • Lloyds Bank Corporate Markets plc, Jersey Branch
  • Lloyds Bank (International Services) Limited
  • SG Kleinwort Hambros Bank (CI) Limited
  • SG Kleinwort Hambros Bank Limited, 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.​

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