C Hoare & Co

C Hoare & Co

Founded in 1672, C. Hoare & Co is a private bank. Headquartered in London, it is the oldest bank in the United Kingdom and the fourth oldest bank in the world. Family-owned since the beginning, it is now run by the eleventh generation of descendants of founder Sir Richard Hoare. The bank has just two branches, both in London; located on Fleet Street and Lowndes Street.

Reviews Rating
50%
Review Score
This figure is an average of the reviews score, taken from customer reviews and the overall rating of the bank.
72%
BankRank® Score
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Matt Crabtree
Senior Editor
Matt Crabtree
Matt Crabtree is a senior editor at CompareBanks. He has over 10 years experience in writing about all aspects of finance and is passionate about helping consumers make informed decisions about their money.
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Overview

First Glance

Founded in 1672, C. Hoare & Co is a private bank. Headquartered in London, it is the oldest bank in the United Kingdom and the fourth oldest bank in the world. Family-owned since the beginning, it is now run by the eleventh generation of descendants of founder Sir Richard Hoare. The bank has just two branches, both in London; located on Fleet Street and Lowndes Street.

Features

Contact Info

Email
info@hoaresbank.co.uk
Address
37 Fleet St, London EC4Y 1BT, UK
Phone
020 7353 4522

About C. Hoare & Co

Founded in 1672, C. Hoare & Co is a private bank. Headquartered in London, it is the oldest bank in the United Kingdom and the fourth oldest bank in the world. Family-owned since the beginning, it is now run by the eleventh generation of descendants of founder Sir Richard Hoare. The bank has just two branches, both in London; located on Fleet Street and Lowndes Street.

Hoare & Co is the sole survivor of a number of private deposit banks that were established in the 17th and 18th centuries. Customers can, if they choose, visit the museum based in the bank’s Fleet Street office to explore its history in more detail.

In recent years, C. Hoare & Co has sold both its wealth management business and its investment dealing business. The bank recently appointed a non-family member to an executive position for the first time; former head of Credit Suisse Jeremy Marshall.

Hoare & Co Products and Services

Hoare & Co provides private banking services including loans, savings and current accounts, mortgages, tax and estate planning services and philanthropy. Most of the bank’s clients are high net worth individuals and families.

Customers looking to save can choose from a range of deposit accounts including instant access, fixed term and notice accounts. Customers with a balance over £10million can also access the bank’s Cash Administration Service, which gives them access to inter-bank money market rates. Customers can open accounts in a range of currencies.

For customers wishing to get involved in philanthropy, the Master Charitable Trust offers a simple way to give money as either cash, shares or assets.

Trust and executor services are offered through trust corporation Messrs Hoare Trustees, which is wholly owned by the bank.

As most of the bank’s customers are high net worth individuals and families, it also offers estate planning services to allow for sometimes complex succession planning and family wealth. The bank has experts in estate planning on hand to advise customers about their individual needs.

Hoare & Co customers also have access to expert foreign exchange dealers, who can provide regular updates on the currency market and place orders on their behalf. 

Hoare & Co Security

Deposits with C.Hoare & Co. are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). Extensive fraud prevention information is available on the bank’s website.

Hoare & Co Bank Contact Details

37 Fleet Street
London
EC4P 4DQ

Telephone: 020 7353 4522

Email: info@hoaresbank.co.uk

Hoare and Co Bank

Have a question about C Hoare & Co?

Find answers in Q&As and ask your question

Does your bank offer Investment Isa's and if so what are the charges? — Joseph Lucas

Hi! I hope everything is well. Is your bank crypto-friendly? If yes, kindly provide updated guidelines/information as well as private banking details. Your response will be greatly appreciated. — Mae Santos

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C Hoare & Co Accounts

Current Account
Current Account
Personal, Savings
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Yes
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Currency Accounts
Currency Accounts
Personal, Savings
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Yes
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Instant access Deposit
Instant access Deposit
Personal, Savings
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Overdraft Rate
Notice Deposits
Notice Deposits
Personal, Savings
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Fixed Term Deposits
Fixed Term Deposits
Personal, Savings
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Children’s Savings Accounts
Children’s Savings Accounts
Personal, Savings
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