About Scarborough Channel Islands
Bringing your offshore savings closer to home
Based in the Bailiwick of Guernsey, Scarborough Channel Islands Limited (SCIL) is a wholly owned subsidiary of Scarborough Building Society (SBS), a provider of mortgages and savings. Scarborough is the seventeenth largest building society in the UK with group assets exceeding £2.85 billion.
Scarborough Building Society has given an undertaking agreeing to discharge the liabilities of SCIL in so far as SCIL is unable to discharge them out of its own assets and while SCIL remains a subsidiary of SBS. This effectively guarantees that your deposits with SCIL are secure (this undertaking will cease to have effect if SCIL ceases to be a subsidiary of SBS).
The company is licensed under the Banking Supervision (Bailiwick of Guernsey) Law, 1994 as amended. Deposits made with SCIL are not covered by the Financial Services Compensation Scheme under the Financial Services and Markets Act. The most recently audited accounts of SCIL are available on request.
The registered office of Scarborough Channel Islands Limited is; Suite 5 North, Town Mills, Rue du Pre, St Peter Port, Guernsey, Channel Islands, GY1 3TR. We are registered in Guernsey under number 25871.
The benefits of investing with Scarborough Channel Islands
Our investment portfolio has been designed to provide you with a range of products to suit your individual needs and circumstances. The benefits are simple! We can provide you with:
Security - Scarborough Building Society has given an undertaking to discharge the liabilities of Scarborough Channel Islands.
Flexibility - We offer a range of products to suit most needs.
Choice - Whether you choose to operate your account by telephone, post, fax or e-mail, we can guarantee fast, efficient and friendly service.
Savings - We offer a first class return on your investment with competitive rates and interest is paid gross without deduction of tax.*
Guernsey Bank Holidays
| Date | Holiday Name |
|---|---|
| Friday 21 March 2008 | Good Friday |
| Monday 24 March 2008 | Easter Monday |
| Monday 5 May 2008 | May Day Bank Holiday |
| Friday 9 May 2008 | Liberation Day |
| Monday 26 May 2008 | Spring Bank Holiday |
| Monday 25 August 2008 | Summer Bank Holiday |
| Thursday 25 December 2008 | Christmas Day |
| Friday 26 December 2008 | Boxing Day |
SCIL Sponsorship & Donations Policy
Scarborough Channel Islands Limited (SCIL) is a wholly owned subsidiary of an independent UK building society, which uses its mutual heritage to provide much needed support to help enhance the communities in which it operates.
When it comes to community support, SCIL has adopted a similar ethos and we are keen to consider requests from deserving organisations based in the Bailiwick which could benefit from our support.
Priority will be given to those groups and/or projects which involve:
- Charitable work to help disadvantaged or vulnerable groups
- Projects or initiatives which protect or enhance the local environment
- Supporting popular and accessible arts, culture, sport and interests
In order to provide community groups and charities with the highest standard of service, all requests over £100 are reviewed by a local Sponsorship & Donations Committee, consisting of a number of senior representatives of the bank.
It is the Committee’s commitment to deliver a fair, effective and prompt review of all requests received, with a written acknowledgement issue to every application within 5 working days and a decision made within 4 weeks.
As SCIL receives many more applications for support than can be met from the available funds, we regret that it is not possible to support all applications, even when they meet the criteria.
We regret that support cannot be given to individuals, or those groups which promote religious, gaming or political interests.
For consideration in the first instance, please write with your request for support to:
The Managing Director
Scarborough Channel Islands Limited
Suite 5 North
Town Mill
Rue du Pre
ST PETER PORT
GY1 3TR
*The European Union Savings Tax Directive, effective 1 July 2005, applies to savings income earned on your account if you are a resident of an EU member state. You must elect how we are to deal with savings income from your account in the application form. Please note that should you fail to indicate your preference, we will deduct retention tax from interest earned on your account after 1 July 2005, in accordance with the Directive.
- Scarborough Channel Islands Limited is licensed under the Banking Supervision (Bailiwick of Guernsey) Law, 1994 as amended.
- Scarborough Channel Islands Limited Registered office is Suite 5 North, Town Mills, Rue du Pre, St Peter Port, Guernsey, Channel Islands, GY1 3TR. Registered in Guernsey No. 25871.
- Scarborough Channel Islands Limited is a wholly owned subsidiary of Scarborough Building Society, which is authorised and regulated by the Financial Services Authority (Register Number 206062).