Part VII Transfer



RCI Bank in the UK


Since launching we've been offering competitive market rates, great products and services to all of our new and existing customers. We aim to be as transparent as possible and we want to keep you all up to date with what is happening within RCI Bank.


We are committed to the UK and have obtained a UK banking licence. One of the steps RCI Bank took in order to obtain a UK Banking licence was to complete the proposed of a Part VII transfer.


RCI is pleased to announce that on 14 March 2019 its Part VII transfer had been implemented and RCI Bank UK Limited is now fully operational.



What happened and why?


We've put together some important documents for you to read in order to help you understand the process a little bit more and to answer any questions that you may have. There are 5 documents which can be found on the right. You can click and save the documents if you'd like to store them on your desktop.



Please find our Part VII FAQs in the RCI Information Booklet


This booklet can be found, to the right, in the Important Documets tab. However, if you would like to speak to someone at RCI Bank you can always contact our customer service team, 7 days a week, on 0330 2000 300.





Achieved Transfer Documents

Click to download
Customer Communication
The communication we sent to all our customers.
Scheme Summary
The Part VII scheme summary document.
RCI Information Booklet
All the information you need about the Part VII transfer in one booklet, Including FAQs.
Notice of Proposed Transfer
We have made a notice in the Gazette.
Customer Email on The 14th of March
RCI receives approval for the transfer of UK business and customer deposits to its new UK bank.