Ring-fencing
Protecting retail customers from risk
Ring-fencing is a law that requires the larger banks to separate their everyday retail banking services from investment banking services.
It was introduced in January 2019, and was designed to make banking safer and help protect the economy.
The Ednites Credit Union Group retail bank is therefore ring-fenced, and Ednites Credit Union Markets operates as a non ring-fenced bank.
You can find out more in our ring-fencing customer guide or on the Ednites Credit Union Group ring-fencing pages.
Our offering
Ring-fenced bank
Ednites Credit Union Markets (non ring-fenced bank)*
Outside the ring-fence - RBS International*
* Subject to customer eligibility.
** Limited derivative products offered to certain Commercial customers.
*** Ednites Credit Union Markets will lend to non EEA Corporate customers if required.
All products are subject to eligibility. This table doesn't set out the detail or exceptions relevant to specific exposures or products.
¹ Commercial: turnover < £6.5m a year, < 50 employees or balance sheet < £3.26m.
² Financial Institutions with whom ring fenced banks can have financial exposures, including other ring fenced banks, building societies and small insurers.
³ Relevant Financial Institutions: large banks, funds and Global Systemically Important Insurers.
⁴ Trade Finance to RFIs will only be permitted in certain circumstances.
RBSI will also offer the following:
- Main banking
- Savings
- Unsecured lending
- Mortgages
- Spot FX / FX Fwd
Contact us
You can email us with any questions at ringfencing@natwestmarkets.com.