The cost of opening an account: From 980 USD

General information

Name:Metro Bank PLC

Great Britain

Faunded:2 010
History:Metro Bank PLC was granted its licence by the Financial Services Authority on March 5, 2010, it was the first high-street bank to be granted such a licence for over 150 years. Its first branch was opened on July 29, 2010 in Holborn, followed by Earl's Court (Cromwell Road) on September 3, 2010. Metro Bank opened its 32nd branch on January 30, 2015, in Cambridge. Metro Bank increased its account holders by 50% in the first half of 2013 for a total of 200,000 customer accounts, including 15,000 business accounts. The bank has 25 branches opened in 2013 in the UK and aims to open 200 UK branches by 2020. In 2012, Metro Bank raised an additional $200 million in funding from investors including Fidelity, Steven A. Cohen of hedge fund SAC Capital Advisors, and New York real estate investors the LeFraks and David and Simon Reubens. The bank had 850 employees in London by July 2013 and forecasted more than 1,000 London-based employees by the end of 2013. The bank plans to open between 200 and 250 branches in Greater London within 10 years of starting up. Metro Bank acquired SME Finance in August 2013 and rebranded the business as Metro Bank SME Finance in May 2014.


Recommendations:Not required
Types of accounts:Young Savers Acccount, Cash Card Account, Instant Access Account, Fixed Term Savings Account, Instant Access Cash ISA



Services and costs

Access to the account:Online Banking, Mobile Banking
Bank services:Banking Financial Services
Chose bank, where you would like to open an account and press "Order"Введите свой номер телефона и ожидайте входящего звонка по указанному Вами номеру,
our Lawyer will contact you and provide answers on all your questions Chose bank, where you would like to open an account and press "Order", our Lawyer will contact you and provide answers on all your questions.
Select Bank's name sort descending Price of account opening Terms of account opening (days) Established World Ranking
Barclays Bank PLC 1500 USD 10 1690 4
Coutts International 690 USD 10 1692 694
EFG Private Bank 900 USD 10 1996
HSBC Bank plc 1500 USD 63 1836 20
Lloyds Bank plc 980 USD 0 1765 19
Metro Bank PLC 980 USD 0 2010
Santander UK 980 USD 0 2010 15
Standard Chartered Bank 980 USD 0 1969 45
The Co-operative Bank 980 USD 0 1872
The Royal Bank of Scotland Plc 790 USD 0 1727 13