Booking centre
Jersey
The rules behind every bank page in Jersey: who licenses banks, what happens to custody assets and deposits if a bank fails, how enforcement decisions are published, and what is shared with tax authorities abroad.
Ranking
Banks rated in Jersey
#BankBooking centrePPLI.comRating
1
BJButterfield Bank (Channel Islands) Limited, Jersey BranchButterfield (Jersey)Jersey861
RWRoyal Bank of Canada (Channel Islands) LimitedRBC Wealth Management (Jersey)Jersey86
BPBarclays Bank PLC, Jersey BranchBarclays Private Bank / Barclays International Banking (Jersey)JerseyRating in preparation
HEHSBC Bank plc, Jersey BranchHSBC Expat / HSBC JerseyJerseyRating in preparation
ICInvestec Bank (Channel Islands) Limited, Jersey BranchInvestec Channel IslandsJerseyRating in preparation
JPJPMorgan Chase Bank, N.A., Jersey BranchJ.P. Morgan (Jersey)JerseyRating in preparation
LILloyds Bank Corporate Markets plc, Jersey BranchLloyds Bank InternationalJerseyRating in preparation
NPNedbank Private Wealth Limited, Jersey BranchNedbank Private WealthJerseyRating in preparation
SISantander Financial Services plc, Jersey BranchSantander InternationalJerseyRating in preparation
SIStandard Bank Jersey LimitedStandard Bank InternationalJerseyRating in preparation
BJRWBPHEICJPLINPSISIThe framework
Licensing, protection and disclosure in Jersey
Each point links to the source it was checked against on the review date.
Regulator and licensing lawBanking Business (Jersey) Law 1991. Article 8(1) prohibits carrying on deposit-taking business in or from within Jersey without registration. Version shown: from 1 July 2026 to current. Source
Deposit protectionJersey Bank Depositors Compensation Scheme (JDCS), run by Jersey Resolution and Depositors Compensation Authority (JRDCA), renamed from the Jersey Resolution Authority on 1 April 2026, when administration moved from the Jersey Bank Depositors Compensation Board. Cover: GBP 50,000 per eligible depositor per Jersey banking group (accounts with banks in the same group are protected collectively; each joint holder covered separately). Overall cap: The former GBP 100 million cap on total compensation (over five years) was removed with effect from 1 April 2026 (gov.je news, 9 March 2026). JRDCA: compensation is reduced if scheme funding is insufficient. Currency: GBP stated; JRDCA page has no separate currency rule. What is covered: Individuals wherever they live in the world, Jersey registered charities, and accounts with Community Savings Limited. Source
Custody assets in insolvencyFinancial Services (Investment Business (Client Assets)) (Jersey) Order 2001 (revised as at 17 May 2022). Part 3 (client property): registrable investments registered in the name agreed with the client or the client's own name (Art 14(1)); held in safe custody by the firm or an approved custodian (Art 16); third-party custody must make it readily apparent the property does not belong to the firm (Art 18(4)(a)(iii)); the firm holds as trustee (Art 15). Part 4: client money in protected accounts is held on trust and pooled on default (Arts 24 to 26). Part 2 (client money) excludes persons registered under the Banking Business (Jersey) Law 1991. Source
Non-resident clientsNo rule found restricting non-resident clients. The deposit scheme covers eligible individual depositors 'wherever you live in the world' (JRDCA). Source
Size of the banking sector19 banks registered in Jersey and total banking deposits of GBP 193.5 bn as at 30 June 2026. Source
State guaranteesNo state guarantee identified. The States of Jersey provides a loan facility to fund the deposit scheme (JRDCA), which is not a guarantee of deposits. Source
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
Ratings signed by Noam Cohen, Editor, Bank IntelligenceReviewed 2 November 2026Methodology version 2.3Corrections [email protected]