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Home/Bank Intelligence/Jersey/Nedbank Private Wealth
Nedbank Private WealthNP
Nedbank Private Wealth Jersey review

Nedbank Private Wealth Limited, Jersey Branch

Our review of Nedbank Private Wealth Jersey for ultra-high-net-worth families. We researched the legal entity that holds the licence and books the account, not just the brand.

Booking centreJersey
RegulatorJersey Financial Services Commission (JFSC) for the Jersey branch; Isle of Man Financial Services Authority for the legal entity
Legal formBranch of Nedbank Private Wealth Limited
GroupNedbank Group
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PPLI.com
Private Bank Rating
Rating in preparation

We are still preparing the rating for this bank. What we have on file so far is below.

About the rating

Part of Nedbank Private Wealth. The group card is led by Nedbank Private Wealth Limited, whose own rating is the group's headline rating. This booking centre is rated separately.

The rating

What the PPLI.com rating of Nedbank Private Wealth considers

This is our editorial assessment of Nedbank Private Wealth. We look at the areas below, which matter to a family deciding where to keep its assets, and weigh them together with what clients tell us and the service they get. Retail products, branches and apps play no part. The public sources we used are listed at the foot of the page.

Conduct and enforcement

What regulators, prosecutors and courts have concluded about this licence holder in recent years.

Protection of client assets

Whether custody assets are ring-fenced by law in the booking centre, whether deposits are protected, and whether the custody terms can be read before signing.

Service for complex families

The breadth of private banking services the bank publishes for this booking unit, including work with external managers and family offices.

Cost transparency

Whether a prospective client can see the tariff and the bank's policy on third party payments before asking.

Ownership and control

Whether the bank's owners are public, how official assessments rate the anti-money-laundering regime of any owner's home jurisdiction, and whether a politically exposed person holds a significant stake. The same test applies to every bank.

Client opinions and service

What clients of Nedbank Private Wealth and their advisers tell us in confidence, and the service the bank gives to families. We never publish names. Tell us about yours

PPLI.comPrivate Bank RatingRating in preparation

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. Read about the rating.

The record

Regulatory and legal record

What regulators, prosecutors and courts have decided, recorded against the legal entity they named, with the status, the amounts as published and a link to the original document. Claims and investigations still under way are marked as open.

We found no regulatory, criminal or court decision naming this licence holder in the last ten years, in the sources listed below.
The bank at a glance

Identity, protection and services

Legal identity

Legal nameNedbank Private Wealth Limited, Jersey Branch
LEI213800YEKLOP9E1LRX08
LicenceJFSC Banking DC0217; Investment Business IB0282 (A dealing, B managing, C advice); Fund Services Business FSB2037 (distributor); Money Service Business MSB0175 (notified)  Source
RegulatorJersey Financial Services Commission (JFSC) for the Jersey branch; Isle of Man Financial Services Authority for the legal entity
Legal formBranch of Nedbank Private Wealth Limited
OwnerNedbank Group Limited ()  Source

Ownership

Group parentNedbank Group Limited (listed, JSE (NED); NSX)  Source
ControlWidely held; no shareholder with 10% or more  Source (11 August 2025)
Holder of 10% or moreGovernment Employees Pension Fund, 15.37% in Nedbank Group Limited  Source (11 August 2025)
Disclosed holdings of 3% or moreAllan Gray Ltd 6.88%  Source (11 August 2025); BlackRock Inc. 5.03%  Source (11 August 2025)

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.

Financial strength, as reported

Credit ratingsNot published
Capital ratioNot published
SizeNot published

Services published for this booking unit

Advisory mandates
Custody only (execution and safekeeping)
Mortgage lending
Trust and fiduciary services
Family office services
Consolidated reporting

Offered at this booking centreOffered by the group, not confirmed hereNot located, which does not mean unavailable
Checked on the bank's own pages, 2 November 2026.

Access and costs

Minimum relationshipNot published
Product minimumProduct minimum: GBP 250,000 (Available from a minimum of £250,000 (or currency equivalent).)  Source
US personsNot published
Fee schedulePublished  Source
Third party paymentsPublished  Source
Transfer out termsPublished  Source

Protection of client assets

Deposit protectionJersey 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.
Custody lawInvestment 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.
Custody termsPublished  Source
Your experience

Rate Nedbank Private Wealth

If you bank with Nedbank Private Wealth or advise clients who do, your experience forms part of its PPLI.com rating. Every response is read by the editor and treated in strict confidence.

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Our commitment to confidentiality

Your name, email and telephone number are seen only by the PPLI.com editor. They are never published, never passed to Nedbank Private Wealth or any other bank, and never used for marketing. We may contact you once to clarify your assessment. Once verified by our editors, your assessment can lead to a disclosed adjustment of this bank's PPLI.com rating. It is never published with your name.

Sources

  1. Regulator registers and the bank's own publications.

For Nedbank Private Wealth

Before we publish a significant negative finding, we give the bank the facts and time to comment, on the same timetable for every bank. Corrections we verify are published with the date of the change. Write to [email protected] quoting reference BK-JE-NEDBANK-JERSEY-BE1A9C.

About this file

Researched by the PPLI.com research desk from the public sources listed. The rating is our editorial opinion; read how we rate.

Important information. Editorial opinion of PPLI.com on the date shown, based on public information, client experience and editorial judgment. Not a statement of fact, a credit rating or investment, legal, tax or financial advice; verify with the bank and your own advisers before acting. No liability is accepted for reliance on this content. Bank names and logos are used for identification only. Ratings are updated every quarter. This is the Q4 2026 edition, and a rating can change between editions if something material happens. Full disclaimer
Rating signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology 2.3Reference BK-JE-NEDBANK-JERSEY-BE1A9C
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