Part VII Transfer Scheme
Kleinwort Benson Bank Limited agreed to transfer the entirety of its business (KBBL) to SG Kleinwort Hambros Bank Limited (Kleinwort Hambros). On 30 October 2017 the transfer was approved by the High Court of England and Wales under Part VII of the Financial Services and Markets Act 2000. A copy of the Court Order can be found below.
The transfer completed on 6 November 2017.
What does this mean for clients?
We do not anticipate any immediate impact on how your account(s) operate. Your interaction with your private banker will continue as before. You will still be able to access your account to make and receive payments and the services provided to you currently by KBBL will continue after the transfer. Your account number(s) will remain the same and all automated payments currently set up on those accounts will continue as before.
If you wish to contact us, you may do so by contacting your designated private banker.