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Know the type of information.We classify user complaints, company statements and official records separately.
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HOW IT WORKS

See the level of evidence
on every institution profile.

Instead of ratings, we show the data, its source and its verification status.

  1. 01Data
  2. 02Source
  3. 03Verification
A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

The company’s own statements are shown separately from independent verification.

● Statement
← Home

Nedbank Private Wealth

Bank · Isle of Man

About the company

Legal company nameNedbank Private Wealth Limited (London Branch)
Year founded—
Headquarters / registered countryLondon, United Kingdom (branch)
Websitenedbankprivatewealth.com
Last checked08.10.2026

According to its official website, Nedbank Private Wealth is a boutique wealth manager and private bank belonging to South Africa-based Nedbank Group, whose roots go back to 1831. Nedbank Private Wealth Limited is registered in the Isle of Man and licensed by the Isle of Man Financial Services Authority; its London office opened in 2008 and the branch was registered in December 2008. The bank also has offices in the Isle of Man and Jersey and a representative office in Dubai. Its services are aimed at high-net-worth individuals, expatriates and structures such as trusts and family offices; its London private banking services target clients who can place more than 1 million GBP in deposits and investments with the bank. Products include private current accounts in 15 currencies, fixed term deposits of one to twelve months from 25,000 GBP, a Visa Platinum debit card, foreign exchange, wealth planning, investment management, residential, expat and buy-to-let mortgages, and Lombard loans; accounts can be accessed online and through a mobile app. The site says the London branch is authorised by the PRA and regulated by the FCA and the PRA, which the Bank of England list and the FCA register confirm. This information is the company's own statement.

Account Details

ACCOUNT TYPESPrivate current account (15 currencies) · Fixed term deposit account · Trust, family office and company accounts
MIN. DEPOSIT25,000 GBP (fixed term deposit)
PLATFORMSOnline banking (Online Wealth Services) · Mobile app
PRODUCTSPrivate banking · Fixed term deposits · Foreign exchange · Wealth planning · Investment management · Mortgages and Lombard loans

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 313189
Licence holderNedbank Private Wealth Limited
ScopeAuthorised by the PRA to accept deposits through its London branch according to the Bank of England list of 1 Oct 2026; listed in the FCA register under Nedbank Private Wealth Limited (FRN 313189), regulated by the FCA and the PRA.
StatusVerified

User complaints

User reports found online are classified by topic. The charts show how reports are distributed; the reports are compiled from records on platforms that verify users and screen out fake reviews.

Period reviewed: July 2025 – October 2026

  • Account / trading conditions: 1

No. 313 for most complaints among 520 institutions.

RANK BY TOPIC — Account / trading conditions: 280.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on Nedbank Private Wealth's Trustpilot page (1) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Nedbank Private Wealth name are left out. Across the complaints, an account closure complaint from a long-standing client who was asked to leave the bank despite a large balance stands out.

Sources and verification history

Official company sourcesnedbankprivatewealth.com — homepage (footer legal information), Private banking services in London, Accounts, Our heritage, Get to know us
Regulator recordsBank of England PRA list of banks (1 Oct 2026) · FCA — Nedbank Private Wealth Limited, FRN 313189 (register.fca.org.uk)
Company registerCompanies House — Nedbank Private Wealth Limited, company no FC028704
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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