IInvestec
One rating, weighted across its booking centres in Guernsey and Jersey.
Why Investec rates 3.3 out of 5
Investec rates 3.3 out of 5. The figure combines the ratings of its two rated booking centres (Guernsey, three stars; Jersey, four stars), each weighted by the number of UHNW client ratings it has received, so a centre where more families bank counts for more. Jersey is the strongest at four stars; Guernsey is the weakest at three stars. We found no regulatory, criminal or court decision naming one of its booking entities in the last ten years. Across its booking centres, three UHNW client ratings average 2.7 out of 5.
Noam Cohen, Editor, Bank IntelligenceReviewed 6 November 2026, Q4 2026 edition. Each booking centre is rated on its own file, from the public record and what clients and their advisers tell us in confidence. The overall rating brings those ratings together; retail products, branches and apps play no part.
Where Investec stands out
- No final adverse finding against this licence holder in ten years of regulatory and court records. All centres
- Deposits are covered by a statutory protection scheme. All centres
- Ownership and control are fully public. All centres
- No politically exposed person holds a significant stake. Guernsey
- Custody assets are segregated by statute and sit outside the bank's own estate. Jersey
- A dedicated desk serves external asset managers and family offices. Jersey
What to weigh
- Only part of the tariff is published. All centres
- No public policy on third-party payments or retrocessions. All centres
- An owner's home jurisdiction is under increased monitoring for money laundering. All centres
- This file does not yet show how custody assets are ring-fenced by law in this centre. Guernsey
- Custody terms are not published; ask for the agreement before opening an account. Guernsey
- Services available from this centre are not published. Guernsey
- The custody terms are public but silent on re-use of assets and on sub-custodians. Jersey
- Few private banking services are published for this booking unit. Jersey
Each booking centre keeps its own rating, set on its own file. The overall rating is the average of those ratings, weighted by the number of UHNW client ratings each centre has received. A centre whose rating is still in preparation is shown but not counted.
The rating expresses the opinion of PPLI.com on the date shown. It is not a statement of fact about the bank, not a credit rating, not a forecast of failure and not investment advice.
Investec in 2 booking centres
Each booking centre is a separate legal entity, with its own licence, deposit protection, services and fees, and keeps its own PPLI.com rating. Everything on file for them is brought together on this page; open a centre for its own file.
Regulatory and legal record
What regulators, prosecutors and courts have decided against the booking entities of Investec, gathered from the files of all its booking centres, with the status, the amounts as published and a link to the original document. Each entry names the centre it concerns. Claims and investigations still under way are marked as open.
Client experience and financial standing
What clients meet at Investec across its booking centres, read from complaint registers, ombudsman decisions and court records, independent reporting and what clients and their advisers tell PPLI.com in confidence. Announcements by the bank, awards and marketing material are left out.
What clients report
Guernsey. The GFSC warned in June 2024 that fraudsters had misused the bank's name in social media adverts, a case in which the bank was the victim rather than the subject.
Jersey. In June 2024 the Guernsey Financial Services Commission warned that criminals were using the bank's details in social media adverts with fraudulent and misleading offers, and said the adverts had been removed. The bank was the impersonated party, not the subject of the warning.
Worth raising with the bank
- Guernsey. Ask how the bank confirms that a contact claiming to come from it is genuine, given the GFSC warning of June 2024 about fraudulent adverts using its name.
- Jersey. Ask through which channels the bank contacts clients and makes offers, so that approaches like the fraudulent social media adverts flagged by the GFSC in June 2024 can be recognised.
Financial standing
| Agency | Rating | Outlook | As of | Rated company |
|---|---|---|---|---|
| Moody's | A1 (long-term deposits) | Stable | May 2025 | Investec Bank plc (parent) |
| Fitch | A- (long-term IDR) | Stable | May 2025 | Investec Bank plc (parent) |
In the press
- Channel Eye
Investec appoints new Channel Islands chief executive officer
Jane Niles was named chief executive of Investec Bank (Channel Islands), subject to regulatory approval, succeeding Brendan Stewart after five years.
What Investec charges, centre by centre
Fees are set by each booking entity, so they are shown centre by centre. Two of the two centres of Investec publish a fee schedule, read on 6 November 2026 from the documents linked under each table. To compare banks fairly we put every published fee in US dollars at the same indicative rates and apply it to the same reference amounts, then rate each fee against the average of the other banks that publish it. Five stars is the lowest fee, one star the highest. Terms a family actually negotiates are often different, and a bank can change its schedule at any time.
The published fees side by side
| Fee | Guernsey | Jersey | Other banks |
|---|---|---|---|
| Account maintenanceper year | USD 0 a year | USD 0 a year | USD 1,324 a yearaverage of 26 other banks |
| Outgoing international transferper transfer, standard | USD 20 | USD 20 | USD 58average of 61 other banks |
Each fee is rated against the average of the other banks that publish it: five stars is the lowest, one star the highest. The schedules, their dates and what each leaves out are listed centre by centre below.
Guernsey · Investec Bank (Channel Islands) LimitedCentre file
Not in the published schedule: custody and safekeeping, discretionary mandate, advisory mandate, equity trade, bond trade, third party fund subscription, currency conversion, minimum annual fee, transfer of securities to another bank, closing the account, lombard loan margin.
Sources.
- Schedule of Charges, As at April 2023, read on 6 November 2026
Jersey · Investec Bank (Channel Islands) Limited, Jersey BranchCentre file
Not in the published schedule: custody and safekeeping, discretionary mandate, advisory mandate, equity trade, bond trade, third party fund subscription, currency conversion, minimum annual fee, transfer of securities to another bank, closing the account, lombard loan margin.
Sources.
- Schedule of Charges, As at April 2023, read on 6 November 2026
How the comparison works: USD 25 million booked with the bank: half under a discretionary balanced mandate, half in custody with advice; 24 equity trades of USD 250,000 and 8 bond trades of USD 500,000 a year; 6 currency conversions of USD 1 million; 24 outgoing international transfers. Tiered fees are applied to those amounts tranche by tranche, stated minimums are applied, and amounts are converted at indicative rates of 2026-11-06. Read how we compare fees.
Identity, protection and services
Ownership
Ownership is shown as published, with its date. It describes who owns the bank; it does not, by itself, suggest any wrongdoing by the bank or its owners.
Booking entities
Financial strength, as reported
Services published across its booking centres
Offered at one or more booking centresOffered by the group, not confirmed at a centreNot located, which does not mean unavailable
Checked on the bank's own pages for each centre.
Access and costs
Jersey: GBP 1 million Source
Jersey: Not published
Jersey: Published, As at April 2023 Source Compared below
Jersey: Not published
Jersey: Published Source
Protection of client assets
Jersey: Jersey Depositors Compensation Scheme: GBP 50,000 per eligible depositor per Jersey banking group, payment aimed within seven working days; the GBP 100 million total cap was removed on 1 April 2026.
Jersey: Investment Business (Client Assets) (Jersey) Order 2001: client property must be segregated and held on trust, and art. 22 allows a firm to lend client property only with the client's written consent. It applies to banks registered for investment business.
Jersey: Published Source
Before opening an account
- Custody agreement. Ask for the agreement covering the account you would open. Which entity holds the securities, what law governs the account, and where would the assets be held if a sub-custodian is used? Guernsey
- Reporting to the family office. The bank lists a desk for external asset managers. Ask for a sample statement or data export and confirm whether it includes positions, transactions, accrued income and all currencies held.
- International payments. The fee comparison shows USD 20 for a standard outgoing transfer. Ask whether intermediary charges and FX spreads are billed separately for the currencies you use. See published fees.
- Moving the portfolio. Use the published transfer terms as a starting point. Ask the bank to flag positions in your portfolio that would require consent, manual handling or a sale, and to quote the charges separately. Jersey
Rate Investec
If you bank with Investec in any of its booking centres, or advise clients who do, your experience forms part of its PPLI.com rating. Please say which centre you deal with. Every response is read by the editor and treated in strict confidence.
Sources
All 10 documents cited on this page, by subject.
Client experience and press
- Channel Eye: Investec appoints new Channel Islands chief executive officer, 14 September 2023channeleye.media
Fees
- Investec: Ibci schedule of charges for private clients (PDF)investec.com · Fees
Identity, ownership, finances and services
- Investec: Shareholder analysisinvestec.com · Group parent
- Guernsey Financial Services Commission: Regulated entitiesgfsc.gg · Guernsey
- Investecinvestec.com · Jersey
- Investec: En chisinvestec.com · Services
- Investec: Offshore bank accountinvestec.com · Services
- Investec: Private clientsinvestec.com · Services
- Investec: Channel islands general terms and conditions (PDF)investec.com · Transfer out terms
The bank
- Investec, websiteinvestec.com
For Investec
Before we publish a significant negative finding that is not already public, we give the bank the facts and time to comment, on the same timetable for every bank. Decisions of regulators and courts are shown as they were published. Corrections we verify are published with the date of the change. Write to [email protected] quoting the reference of the booking centre concerned: Guernsey BK-GG-INVESTEC-CI-BCECB4; Jersey BK-JE-INVESTEC-JERSEY-B50C92.
Reviewing this file with us
Families and their advisers read this file before they open an account. It can only be as complete as the documents we can find, and much of what sets a private bank apart, from its custody terms to the way a client team works, is rarely published.
If you represent Investec, one of our Bank Intelligence analysts can go through the file with you: correct anything that is out of date, add terms and documents that are not yet public, and set out what has improved since our last edition. The review is a paid engagement for the analyst's time and research.
The rating itself stays with our editor and follows what the documents show, so we cannot promise a particular result. When a review changes the file, this page notes that the bank took part, with the date and what was added.
About this file
Brought together by the PPLI.com research desk from the files of its booking centres and the public sources listed. The rating is our editorial opinion; read how the overall rating is built.