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Overview

As an additional service to clients we offer comprehensive banking facilities.

Our aims:

  • personal care
  • efficiency
  • speed of response

Our wide range of private banking services includes:

  • current and deposit accounts in sterling and major foreign currencies
  • electronic payments both in the UK and internationally
  • foreign exchange on both a spot (standard settlement) and forward (non-standard settlement) basis
  • chequebooks available on UK based sterling current and interest bearing deposit accounts
  • extensive narrative to record transactions on statements
  • loans and overdrafts - these will normally be secured against a client's investment portfolio

Bespoke cash management service:

For clients with substantial cash balances we provide a bespoke cash management service.

Using our knowledge and expertise in the money markets we place funds with a panel of top quality banks and building societies to maximise clients' returns in accordance with the aim and strategy agreed at the outset.

Our private banking service is provided by Smith & Williamson Investment Management Limited which is authorised and regulated by the Financial Services Authority.

Smith & Williamson Investment Management Limited is 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.   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 share 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 your normal Smith & Williamson contact, refer to the FSCS website www.FSCS.org.uk or call 0800 678 1100.

Contact us

To find our more about our private banking services please contact Neil Cullum