IMPORTANT
NOTICE

Fineco regrets to announce the closure of its UK business, despite the growth and the satisfaction of its customer base.

This decision is driven by the significant change in the regulatory landscape in the UK, after its exit from the European Union. In the new context, it would not have been possible anymore to maintain a capital light business model leveraging on Fineco Italian infrastructure. The Bank has been delivering all its services in the UK from its headquarter under a regulatory framework known as "Temporary Regime ". This model enabled to maintain a streamlined and efficient structure. This is no more possible as regulatory changes require a physical presence in the United Kingdom.

The closure of its business in the UK will be gradual without any disservice to the clients and with no material impacts on the numbers of the Bank.

Q&A

How can I transfer my remaining cash and/or assets from Fineco to my new provider?
 

To transfer your cash and assets, please complete and sign this form with a wet ink signature. Then, send the signed form along with a copy of your identification document (which must include your signature) to our dedicated email address: support@finecobank.com.

Please note that for securities transfers, you must also contact your new bank to instruct them on the transfer. If you have already submitted a transfer request before your account was closed, you do not need to submit a new request using the attached form.


For ISA accounts:

You can transfer the remaining cash and assets held in your Fineco ISA by following the same procedure outlined above.
Please be aware that any transfers initiated after 1 April 2025 will no longer be treated as ISA transfers but as standard transfers. This is because, from that date, Fineco will have ceased to act as an ISA manager. Consequently, your remaining assets will no longer benefit from any tax advantages, and you will not be able to transfer them to another ISA account, only to a standard investment account.
If you requested a transfer to another ISA manager before 1 April 2025 and notified us at support@finecobank.com no further action is required on your part. In this case, your transfer will still be treated as an ISA transfer to another ISA account.
What if I have additional questions or need more information?

We understand that you may have further questions or require additional information. Our dedicated support team is available to assist you. Please contact us by email at support@finecobank.com, and we will respond as soon as possible.

FinecoBank S.p.A. - Registered Office Piazza Durante 11, Milan 20131 - Headquarters Via Rivoluzione d'Ottobre 16, Reggio Emilia 42123 - Share capital €201,629,810.91 subscribed and paid-in - Bank enrolled in the Register of Banks and Parent Company of the FinecoBank Banking Group – enrolled in the Register of Banking Groups at No. 3015 - VAT No. 12962340159 - Tax ID No. and Milan-Monza-Brianza-Lodi Companies Register No. 01392970404 - Economic and Administrative Index (REA) No. 1598155.

Member of the National Compensation Fund (FNG) and the National Interbank Deposit Guarantee Fund (FITD). Read Details.

Fineco Bank is a trademark licensed for use by FinecoBank S.p.A., authorised and regulated by the Bank of Italy and Consob (Italian Market Regulator). PEC: finecobankspa.pec@actaliscertymail.it