Insignis Cash has announced that a new banking partner, QIB, is joining the Insignis Cash Platform.
Headquartered in London, QIB (UK) PLC provides private banking services and structured real estate financing in the UK, as well as a range of personal savings products, and has been fully authorised by the Prudential Regulation Authority and regulated by the FCA and PRA.
The Financial Services Compensation Scheme (FSCS), the UK’s statutory deposit guarantee scheme, protects all eligible deposits offered by QIB (UK) PLC.
QIB UK has won the Banker magazine award of UK Islamic Bank of the Year three times in the last four years. QIB UK won this award in part for its provision of attractive products and services, including its leading deposit products. As a result of this offering, QIB UK is seeing increased interest from non-Islamic customers who are looking to benefit from the bank’s competitive rates, as well as its high ethical standards and customer service.
Duncan Steele-Bodger, CEO of QIB (UK) PLC, comments: “We are proud to be partnering with Insignis Cash Solutions in their service offering to the UK savings market. We aim to provide UK depositors with a range of savings products in order to help them with their investment decisions”.
Paul Richards, Chairman of Insignis Cash, comments “QIB UK are an exciting and welcome addition to our banking panel. Here at Insignis, we aim to offer our Clients the broadest and most competitive range of banking products on the market. This expansion of our panel, particularly in partnership with a bank with such competitive rates and a strong ethical framework, is an excellent opportunity for both Insignis and our Clients. We look forward to the continued growth of our platform, prioritising return, protection, and simplicity for all our savers.”
About Insignis Cash Solutions
Insignis’ award-winning cash savings platform is designed to help Clients earn better interest from their hard-earned cash. Insignis partners with wealth managers, financial planners and banks to empower savers to reduce risk, increase returns and save time. Insignis offers cash solutions for individuals, corporates, not-for-profit organisations, pensions, and trusts, across a range of deposit accounts. To find out more about Insignis visit insigniscash.com or email info@insigniscash.com.
Important information
Registered Office: QIB (UK) PLC, 43 Grosvenor Street, London, England W1K 3HL. Company registered in England and Wales No. 04656003. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register No. 466577. The services/products referred to in this document are intended for use by United Kingdom (UK) residents only. Nothing in this press release constitutes an invitation to engage in investment activity nor is it advice or a recommendation and professional advice should be taken before any course of action is pursued.