RCI Story image 1
RCI Story image 1
The RCI Bank Story

With our strong roots and a simple, human approach to banking,  we're making a difference.

Our journey is a unique one.

It's a story that demonstrates how our passion for innovating and helping people get on and enjoy life has been driving our business for nearly 100 years. And it’s a story that continues today, as our heritage in the automobile industry helps us become a real alternative for UK savers.

RCI Story image part 1
RCI Story image part 1

An ambition sparks.

Our story begins with Louis Renault receiving his first order for 12 cars in 1898 and stumbling upon what would become one of the largest and renowned businesses in France, Renault. Today, the Groupe Renault is present in 128 countries and has over 120,000 employees worldwide. With its unique alliance with Nissan and Mitsubishi, it has become one of the world's largest car companies.

 

Demand for financing.

With the need to help customers finance their vehicles all over the world, Renault created its own, internal bank in 1974 - RCI Bank and Services.

Forty years later, it remains privately owned by the Groupe Renault and operates in over 36 countries across four continents. Today, as a group, RCI Bank and Services works exclusively with some of the world’s largest brands, covering not only Renault and Nissan but also Dacia, Alpine, Mitsubishi, Renault Samsung Motors, Lada, Datsun and Infiniti.

RCI Bank and Services’ ability to innovate and simplify has led to a banking model that we're very proud of. Our online retail savings bank operates in France, Germany, Austria, Brazil and the UK, with over 300,000 banking customers between us.

RCI Story image part 2
RCI Story image part 2

RCI Bank in the UK

In 2015, RCI Bank launched in the UK, with a vision to provide a real alternative for UK savers by offering transparency, simple accounts and great service. Over the past four years, we have listened to our customers feedback providing them with a better level of service. We are always looking for ways to improve ourselves for our customers, this is reflected in our award winning products and services that we have received throughout the years.

Our support team is available in the UK seven days a week and our accounts offer rewarding, simple and flexible banking to UK savers.

 

Doing things properly

RCI Bank is a trading name of RCI Bank UK Limited, which is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA). We subscribe to the UK Financial Services Compensation Scheme (FSCS) which protects the first £85,000 of our customers money. More information can be found on the FSCS website and on our deposit guarantee page.

Where to next?
Meet the executive team
The leaders behind RCI Bank are driven by transparency, simplicity, integrity and innovation and they're responsible for building our winnin...
Award-winning savings
We're really proud of the accounts and service we offer and the recognition they’ve received.
Facts & Figures
The facts that make us who we are.