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Banks covered by the Depositors Compensation Scheme

​​​Banks covered by the Depositors Compensation Scheme

The following Jersey registered banks may hold eligible deposits:

BanksGrouped for the purposes of Regulation 6 of the Banking Business (Depositors Compensation) (Jersey) Regulations 2009

Abbey National Treasury Services plc, Jersey Branch

Santander UK plc, Jersey Branch

Yes
Abu Dhabi Commercial Bank PJSC, Jersey Branch 
Barclays Bank plc, Jersey Branch 

BNP Paribas S.A., Jersey Branch

BNP Paribas Securities Services S.C.A., Jersey Branch

Yes
Butterfield Bank (Jersey) Limited 

Citibank N.A., Jersey Branch

Citicorp Banking Corporation, Jersey Branch

Yes
Deutsche Bank International Limited 

EFG Private Bank (Channel Islands) Limited, Jersey Branch

EFG Private Bank Limited, Jersey Branch

Yes
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

Lloyds Bank International Limited

Lloyds Bank Plc, Jersey Branch

Yes
Nedbank Private Wealth Limited, Jersey Branch 
Royal Bank of Canada (Channel Islands) Limited, Jersey Branch 
SG Kleinwort Hambros Bank (CI) Limited 
Standard Bank Jersey Limited 
Standard Chartered Bank, Jersey Branch 
State Street Bank and Trust Company, Jersey Branch 
The Royal Bank of Scotland International Limited 
UBS AG, Jersey Branch 
Union Bancaire Privée, UBP SA, 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 one bank in a banking group

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

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

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