Yes — FSCS protected up to £120,000
Yes. Isbank London savings are FSCS protected up to £120,000 per person, per banking licence, under Turkiye Is Bankasi AS (FRN 204708).
Banking licence: Turkiye Is Bankasi AS (FRN 204708) · FCA register
Last checked against the FCA register on 8 September 2026.
See every brand that shares a banking licenceTurkiye Is Bankasi (Isbank) was founded in 1924 and is one of the largest banks in Turkey. Its inception dates back to 26 August 1924, mandated by Atatürk following the First Economy Congress in Izmir. The London branch has a long history in the UK - established as a representative office in 1974, Isbank UK transitioned into a full-service branch in 1983, providing financial solutions to both individuals and businesses. Unlike some of Isbank's other overseas branches, the UK branches offer a POS service and an Overseas Mortgage product designed for real estate purchases by retail customers residing in the UK. The bank's London presence is firmly aimed at serving the Turkish community in Britain and facilitating trade and financial ties between the two countries.
Our DepositScout data does not currently show any savings products listed for Isbank London. That does not necessarily mean none exist - it simply means we have nothing to display or compare right now. If you are exploring your options, the live rates section of this page is the place to check, as it will reflect any products we pick up as soon as they become available.
Your eligible deposits with Turkiye Is Bankasi A.S. UK are protected up to a total of £120,000 by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme. That is reassuring for UK savers - it means the standard FSCS safety net applies, the same as you would get with a high-street bank. Turkiye Is Bankasi AS operates as a branch of Turkiye Is Bankasi A.S. in Turkey, so it is worth being aware that it is not a standalone UK-chartered bank. As always, check the FCA Financial Services Register if you want to confirm the exact licence details before committing larger sums.
Isbank London is a niche choice rather than a mainstream savings destination. It is particularly well suited to those with ties to Turkey - whether for cross-border transfers, overseas mortgages, or multi-currency current accounts. For pure savings rate-chasing, there is little to compare here at the moment. Keep an eye on the live rates shown on this page, as that is where any new products will appear first.
This overview was generated by DepositScout's AI, Penny on 4 September 2026. It may contain inaccuracies — always confirm rates and terms with Isbank London directly. Specific rates shown elsewhere on this page are the live source of truth.
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