Chapter Bank Limited is licensed in the Commonwealth of Dominica. It is NOT a member of the UK Financial Services Compensation Scheme (FSCS), the EU Deposit Guarantee Scheme or any equivalent deposit protection scheme.

This means: if Chapter Bank were to become insolvent, there is no government-backed scheme that would automatically pay you back up to a fixed limit. However, your funds are held in segregated accounts ring-fenced from Chapter Bank's own assets.

You should carefully consider this information when deciding whether to bank with us.

Regulatory Capital: USD 1,500,000 -- 50% above the FSU minimum
‍Capital Adequacy Target: 37.5% or above
‍Liquidity Coverage Target: 150% or above
‍External Audit: Annual independent financial and compliance audit
‍FSU Reporting: Quarterly reports submitted to the FSU Dominica

As an offshore bank licensed in the Commonwealth of Dominica, we are required to protect client assets entrusted to us and to manage them prudently in line with applicable banking and prudential regulations.

Client deposits and other funds are held in accounts in our name for the benefit of clients, including with carefully selected correspondent and custodian institutions. We maintain robust internal controls, reconciliations and oversight arrangements to ensure that client balances are properly recorded, monitored and segregated in accordance with legal and regulatory requirements.

While we take appropriate steps to safeguard client funds, the specific protections available to you, including any deposit-protection or investor-compensation schemes, may differ from those in your home jurisdiction. Our products are not covered by the deposit-guarantee schemes of the United Kingdom, the European Union, the United States or other countries unless expressly stated otherwise.

You should carefully consider the legal and regulatory environment of Dominica and any relevant cross-border implications before placing funds with us.