About us

A proud tradition of dedicated personal
service and expertise

For over 200 years, our customers have been reaping the benefits of a high level of personal service and expert support from a bank that's small enough to care.

At Raphaels, we are committed to providing personal and business customers alike with outstanding value for money and a superior standard of service.

As a small, independent bank, we offer customers access to many years' accumulated expertise and experience in meeting the foreign exchange and savings needs of individuals' and businesses'.

Raphaels Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority, and qualifying clients have the benefits offered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. The Bank is also a member of both MasterCard and VISA, and the LINK interchange network.

A highly valued, highly personal approach

Across all our divisions; ATMs, Commercial Foreign Exchange, Consumer Finances, Card Services, Banking (Bonds) Consumer Finance, we know that our customers value our personal, fair and long-term approach in an industry faced with constant and rapid change.

Raphaels Bank is the second oldest independent bank in the UK. It was founded in 1787 by Raphael Raphael, a young Dutch merchant who moved from Amsterdam to London. The bank prospered during the Napoleonic Wars and successive generations of Raphaels joined the family banking business, which diversified into stock exchange dealing, bullion broking and was a refiner of gold, raised loans for European Governments and handled large transactions in American Railway Stocks.

The Raphael family sold the bank in 1983 and in 2004 it was acquired by Lenlyn Holdings plc, who is the parent company of ICE (International Currency Exchange), a world leader in retail foreign exchange.

Take a look at our services for:
Banking
Foreign Exchange Services
ATMs
Card Services
Consumer Finance

Regulatory Statements and Publications