Savings made easy
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As we step into the new year, we are thrilled to introduce the latest addition to our banking panel – Recognise Bank .
Founded in 2017 by experienced business owners, Recognise Bank recognised the disconnect between traditional business banking and the needs of modern SMEs.
Recognised Bank set out to fill the gap in the banking sector for businesses, receiving its banking licence in 2021. The bank has witnessed exponential growth, fostering a community of devoted business and personal customers who have come to rely on its services.
Ronelle Arbib, Chief Operating Officer, of Recognise Bank said, “We are delighted to share the news of our collaboration with Insignis Cash. At Recognise Bank, we take pride in extending a diverse range of personal and business savings accounts that feature competitive interest rates, FSCS protection, and top-rated customer service. Through our partnership with Insignis Cash, we are eager to contribute to the well-being of UK savers and further empower financial success for all.”
Joining a panel of 40+ banks and building societies, Recognise Banks helps increase the importance of financial security at Insignis Cash. Protected by the Financial Services Schemes, clients are able to optimise their FSCS protection eligibility, providing peace of mind in the current interest rate environment.
Paul Richards, Chairman of Insignis Cash, said: “We are proud to partner with Recognise Bank and add their products to our extensive range of existing savings solutions. This specialised institution offers a range of secure FSCS-protected savings accounts with competitive interest rates. Partnering with Recognise Bank allows us to reinforce our commitment to helping clients maximise their holdings, all the while ensuring an extra layer of financial security.”
Recognise Bank offers a range of award-winning, secure savings accounts. These accounts come with competitive interest rates, ensuring that clients can maximise the returns on their savings.
Recognise Bank Limited is a company registered in England and Wales, registration number 10603119 with its registered office at Augustine House, 6a Austin Friars, London, United Kingdom, EC2N 2HA. Recognise Bank Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Their Financial Services Register number is 849404.
Your eligible deposits with Recognise Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit protection scheme. For further information, please visit www.fscs.org.uk.
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.