Harrods Bank

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Harrods Bank Limited
Type Limited
Industry Banking
Founded 1893
Headquarters London, England, United Kingdom
Owners Qatar Holdings
Parent Harrods
Website http://www.harrodsbank.co.uk/

Harrods Bank Limited is a private personalized banking service which operates from the Harrods store in Knightsbridge. Harrods Bank was started in 1893 and caters for high net-worth individuals. The bank is owned by Qatar Holdings, an investment arm of the state of Qatar.

In 1991 the House of Commons Trade and Industry Committee ordered the Governor of the Bank of England, Robin Leigh-Pemberton, to order the owners of Harrods, Mohamed Al-Fayed, and his brother Ali Al-Fayed, to transfer control of the Harrods Bank to trustees, after they found that the Fayeds were not "fit and proper" to run the bank.[1]

Services[edit]

Personal Banking[edit]

Current Accounts[edit]

  • Personal Current Account
  • Personal High Value Current Account

Savings Account[edit]

  • Call Deposit
  • Currency Call Deposit
  • High Value Deposit Account
  • High Value Capital Account
  • Fixed Term Deposit
  • Currency Fixed Term Deposit
  • Children’s Savings Account

Mortgages[edit]

  • Fixed Rate Mortgage
  • Residential Five Year Tracker
  • Interest Only Mortgage
  • Buy To Let Mortgage

Foreign Currency[edit]

  • Harrods Bank offer customers helpful, expert and personal assistance with foreign currency matters relating to their business and travel requirements as well as to family and personal affairs.

Gold Bullion[edit]

  • Harrods Gold Bullion is the specialist physical gold bullion dealing service of Harrods Bank. For customers wishing to purchase, store or take physical delivery of gold bullion - either for investment purposes or to give as a gift - they offer a discreet and highly personalised service.

Business Banking[edit]

Current Accounts[edit]

  • Business Current Account
  • Business High Value Current Account

Savings Accounts[edit]

  • Call Deposits
  • Currency Call Deposits
  • High Value Deposit Account
  • High Value Capital Account
  • Fixed Term Deposit
  • Currency Fixed Term Deposit

See also[edit]

External links[edit]

References[edit]

  1. ^ Bower, Tom (1998). Fayed: The Unauthorized Biography. Macmillan. p. 283. ISBN 978-0-333-74554-0.