ForexQ.com
FINANCIAL INSTITUTION INFORMATION PLATFORM

Review verifiable information about forex brokers, banks, fintechs, crypto exchanges and payment providers in one place.

Verify with the source.Wherever possible, information is matched against official registers and primary sources.
When was it checked?We clearly show when each critical piece of data was last checked.
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

Reliance Bank

Bank · United Kingdom

About the company

Legal company nameReliance Bank Limited
Year founded1890
Headquarters / registered countryLondon, United Kingdom
Websitewww.reliancebankltd.com
Last checked08.10.2026

According to its official website, Reliance Bank was founded in 1890 by William Booth, founder of The Salvation Army, as The Salvation Army Deposit Bank; it is headquartered in Lovat Lane, London,, and describes itself as an ethical bank. Its sole shareholder is The Salvation Army International Trustee Company Ltd, and it says it donates up to 75% of its profits to The Salvation Army International Trust. UK-incorporated Reliance Bank Limited offers current accounts, fixed-term and notice savings accounts, business and charity loans and residential mortgages to personal, business and charity customers; products are only available to residents of the UK and the Channel Islands. The Instant Access Savings Account can be opened with GBP 1, and accounts are managed through online and telephone banking. The bank is authorised by the PRA and regulated by the FCA and the PRA; the site states that deposits are protected by the FSCS up to GBP 120,000. This information is the company's own statement.

Account Details

ACCOUNT TYPESCurrent account · Savings account (instant access, notice, fixed term) · Business account · Charity account
MIN. DEPOSITGBP 1 (Instant Access Savings Account)
PLATFORMSOnline banking (I-bank) · Telephone banking
PRODUCTSCurrent accounts · Savings · Business and charity loans · Residential mortgages

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 204537
Licence holderRELIANCE BANK LIMITED
ScopeAuthorised by the PRA to accept deposits according to the Bank of England list of 1 Oct 2026; listed in the FCA register under RELIANCE BANK LIMITED (FRN 204537), 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: June 2023 – October 2026

  • Account / trading conditions: 2

No. 304 for most complaints among 520 institutions.

RANK BY TOPIC — Account / trading conditions: 259.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on the Reliance Bank Trustpilot page (2) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the Reliance Bank name are left out. Across the complaints, a mortgage application declined without explanation and problems with the new online account platform stand out.

Sources and verification history

Official company sourcesreliancebankltd.com — homepage, Our Heritage, Instant Access Savings Account, Personal Current Account, Legal Statement, footer
Regulator recordsBank of England PRA bank list (1 Oct 2026) · FCA — RELIANCE BANK LIMITED, FRN 204537 (register.fca.org.uk)
Company registerCompanies House — RELIANCE BANK LIMITED, company no 00068835
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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