The words BANK, BANKS, BANKING or BANC are listed as sensitive words by Companies House. The use of any of the BANK words in a company name will suggest that the company has a specific financial status. For example the company name QWERTY BANK LTD is not allowed unless your obtain written consent in advance. To use any of these words you must firstly obtain the written support of:
SENSITIVE BUSINESS NAMES TEAM
FINANCIAL SERVICES AUTHORITY
25 THE NORTH COLONNADE
You must write to or email the Financial Services Authority (FSA) to request approval to using the word in your company name as you can only use the word if the FSA allow it. Once written approval is obtained we will require an electronic copy so that this can be supplied to Companies House with your company formation application. Please note that a small administration fee may apply for a company incorporation order that includes a sensitive word.
If the FSA do not approve your request then unfortunately you will not be permitted to use any of the BANK related words in your company name. An alternative name will be required if this is the case.
Are there any exceptions to these rules?
Some words contain the word BANK but do not suggest a specific financial status or banking connection. Companies House will usually permit the use of these words in your company name without prior FSA approval. Some examples of previously accepted words that contain the word BANK are shown below.
BANK or BANKS (when a director’s surname is BANK)
(Please note these pages are for guidance only. The legislation and regulations regarding the use of sensitive names changes regularly. To clarify the use of a sensitive word in a company name please contact Companies House on 0303 1234500).