Santander International

Santander International 

Santander International is the trading name of Santander Financial Services plc, a non-ring fenced wholly owned subsidiary bank of Santander UK Group Holdings plc which is part of the Banco Santander Group. Santander Financial Services plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our UK saving products are protected by the Financial Services Compensation Scheme.

Non-ringfenced bank

This bank is a non-ringfenced bank. Ringfencing came into effect in the UK on 1 January 2019. The aim of ringfencing is to protect UK retail banking from shocks originating elsewhere in the group and in global financial markets. It requires the largest banking groups to separate core retail banking services (ringfenced) from activities such as investment and international banking (non-ringfenced).

For more information please refer to:
https://www.bankofengland.co.uk/prudential-regulation/key-initiatives/ring-fencing