Alpha Bank London was established in 1922 and is a UK regulated bank. It provides a comprehensive range of banking and investment products delivered through its Private Banking Unit based in Mayfair.
It is also very active in the UK residential and commercial property markets and, through its Corporate Unit, can provide flexible structured property finance solutions tailored to the requirements of the client.
Alpha Bank London Limited is authorised and regulated by the Financial Services Authority. Registered in England number 185070 whose registered office is 66 Cannon Street London EC4N 6EP.
Important information about compensation arrangements
We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors – including most individuals and small businesses – are covered by the scheme. Whilst the bank’s registered name is Alpha Bank London Limited, we also trade under the name of Alpha Private Bank; this makes no difference to any potential claim you may have.
In respect of deposits, an eligible depositor is entitled to claim up to £50,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 each (making a total of £100,000). The £50,000 limit relates to the combined amount in all the eligible depositor’s accounts with the bank, including their shares of any joint account, and not to each separate account.
For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website www.FSCS.org.uk or call +442078927300 or 0800 678 1100.