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New Banking Arrangements

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Following a decision by Nordea Bank Abp to close their London branch, our banking arrangements have changed with immediate effect. All bank accounts held at Nordea Bank Abp, London Branch, will move to either Nordea Bank Abp in Oslo or Barclays Bank Plc in the UK.

For Sunderland Marine policies underwritten by The North of England P&I Association Limited, please update your records as all remittances are to be made to our new bank accounts, the details of which are below. For policies underwritten by North of England P&I DAC, please continue with your current banking arrangements.

For transactions in USD, EUR, CAD and AUD, please use the following details:

Account Name: The North of England Protecting & Indemnity Association Ltd
Bank Name: Nordea Bank Abp, Filial i Norge
Bank Address: Essendropsgate 7, PO Box 1166 Sentrum, 0107 Oslo, Norway
SWIFT /BIC: NDEANOKK
Currency Account Number IBAN
USD 60200444690 NO5060200444690
EUR 65580447109 NO9665580447109
CAD 60150411168 NO1560150411168
AUD 60150408094 NO7860150408094

For transactions in GBP, please use the following details:

Account Name: The North of England Protecting & Indemnity Association Ltd
Bank Name: Barclays Bank Plc
Bank Address: 49-51 Northumberland Street, Newcastle Upon Tyne, NE1 7AF
Sort Code: 20 59 42
SWIFT /BIC: BARCGB22
Currency Account Number IBAN
GBP 23573419 GB59BARC20594223573419

If you would like to verify our new banking arrangements, please speak to your regular contact.

Please accept our apologies for any inconvenience and thank you for your assistance in this matter.

Ed Davies
Chief Financial Officer

 

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Copyright © NorthStandard Limited, trading as Sunderland Marine. All Rights Reserved. Registered in England. No. 505456. Registered Office at 100 The Quayside, Newcastle upon Tyne, NE1 3DU. NorthStandard is authorised by the UK’s Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.

Sunderland Marine’s business in the EEA is underwritten by NorthStandard EU DAC (previously named North of England P&I DAC), a wholly owned subsidiary of NorthStandard incorporated in Ireland and regulated by the Central Bank of Ireland.

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