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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

SBI UK

Bank · United Kingdom

About the company

Legal company nameState Bank Of India (UK) Limited
Year founded2018
Headquarters / registered countryHarrow, United Kingdom
Websitesbiuk.statebank
Last checked08.10.2026

According to its official website, SBI UK is State Bank of India (UK) Limited, the UK subsidiary wholly owned by State Bank of India (SBI), established in 2018, with its registered office in Harrow. The bank says it serves individual, business and corporate customers through 11 branches across the United Kingdom. Its products include current and savings accounts, notice accounts, fixed deposits and Cash ISA fixed deposits, business accounts, safe deposit lockers, money transfers to India, buy-to-let and commercial property lending and dental practice asset finance; fixed deposits start from GBP 10,000 or USD 10,000. Accounts are managed through internet banking and the YONO SBI UK mobile app. According to the Bank of England list and the FCA register, the bank is authorised by the PRA and regulated by the FCA and the PRA; the site states that eligible deposits are protected up to a total of GBP 120,000 by the FSCS. This information is the company's own statement.

Account Details

ACCOUNT TYPESCurrent account · Savings account · Notice account · Fixed deposit · Cash ISA · Business account
MIN. DEPOSITGBP 10,000 (fixed deposit)
PLATFORMSInternet banking · YONO SBI UK mobile app
PRODUCTSCurrent and savings accounts · Fixed deposits · Cash ISA · Money transfers to India · Buy-to-let and commercial property lending · Safe deposit lockers

Licences and regulation

FCA (United Kingdom)

Licence no.FRN 757156
Licence holderState Bank Of India (UK) 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 State Bank Of India (UK) Limited (FRN 757156), regulated by the FCA and the PRA.
StatusVerified

FCA (United Kingdom)

Licence no.FRN 139156
Licence holderState Bank of India
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 State Bank of India (FRN 139156), 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: January 2023 – October 2026

  • Account / trading conditions: 7
  • Withdrawal / payment: 4
  • Identity verification: 1

No. 233 for most complaints among 520 institutions.

RANK BY TOPIC — Account / trading conditions: 206. · Withdrawal / payment: 229. · Identity verification: 165.

SOURCES REVIEWED

The complaint distribution is based on the 1-star reviews on the SBI UK Trustpilot page (12) as of 8 October 2026; one person's reviews count once, and records about fake sites and third parties using the SBI UK name are left out. Across the complaints, problems logging in to internet banking and the mobile app, accounts frozen and funds held over source-of-funds checks, and difficulties with transactions at branches stand out.

Sources and verification history

Official company sourcessbiuk.statebank — homepage, About SBI UK, Fixed Deposits and Instant Access Savings Account pages, footer
Regulator recordsBank of England PRA bank list (1 Oct 2026) · FCA — State Bank Of India (UK) Limited, FRN 757156 (register.fca.org.uk) · FCA — State Bank of India, FRN 139156 (register.fca.org.uk)
Company registerCompanies House — State Bank Of India (UK) Limited, company no 10436460
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified08.10.2026

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