Santander’s latest private venture targets private clients, business owners and entrepreneurs with investments and savings exceeding £500k or an annual income over £250k.
Clients will have access to one of 40 the firm’s private banking specialists, dotted across the country, who will assist them with what the bank calls a “range of exclusive services” across banking, lending, investment and financial planning products.
Santander Private also includes digital online banking services, and 24/7 transactional support from the bank’s specialist contact centres.
Charlotte Platts, who joined Santander UK last year from HSBC Private Bank, will head up the bank’s private division.
“The launch of Santander Private is a significant step for our wealth management business,” she said.
“The introduction of this latest service is a natural progression in our wealth model, which has grown significantly following the success of the Select offering and the launch of our investment hub aimed at making investments more accessible.”
