Company Information

Get to know West Bromwich Money

Founded in 1849, the West Bromwich Building Society is the seventh largest building society in the United Kingdom. Operating on a mutual model, it is owned by and run for the benefit of its members, rather than shareholders. The company's core business is to offer a range of savings products to attract deposits and to use those funds to provide mortgage lending for residential property. Its mission is to support its members' financial well-being with a focus on providing simple, straightforward financial products and excellent customer service. "West Bromwich Money" is a trading name used by the society, particularly for its intermediary mortgage lending channel.

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Financial BankingPRIMARY
Financial Other Service

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West Bromwich Money

United Kingdom

Founded in

2022 (4 Years)

Founded

Last online: No recent activity

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.