Bank Mandiri (Europe) Limited
Bank · London, United Kingdom
About Bank Mandiri (Europe) Limited
Bank Mandiri's London office is not a retail branch in the way some other Indonesian banks maintain overseas outposts; it is a wholesale bank aimed entirely at corporate clients, operating under the name Bank Mandiri (Europe) Limited from an office at 4 Thomas More Square, near Tower Bridge in an area of London just east of the City. The business traces its history back to 1983, when Bank Ekspor Impor Indonesia, known as Bank Exim, opened a representative office in London; that office was upgraded to a full branch license in 1992, and then converted into a standalone subsidiary in 1999 after Bank Exim and three other state-owned Indonesian banks were merged to form Bank Mandiri.
As a wholly owned subsidiary rather than a branch, Bank Mandiri (Europe) Limited is a UK-incorporated company in its own right, registered with Companies House under number 3793679, and it holds its own authorization from the Prudential Regulation Authority along with ongoing regulation from both the Prudential Regulation Authority and the Financial Conduct Authority. Its SWIFT code, BMRIGB2L, is used by corporate clients and correspondent banks arranging international transfers connected to Indonesian trade.
The bank's services are limited to corporate banking: deposit and current accounts for business customers, credit facilities, trade financing, and treasury services, all aimed at companies doing business between the United Kingdom, Europe, and Indonesia rather than at individual retail customers or the wider Indonesian diaspora community in London. This distinguishes it from consumer-facing Indonesian bank branches found in cities like New York, Sydney, or Tokyo, which offer personal accounts and remittance services to migrant communities. For Indonesian-linked businesses operating in Britain, though, it represents a direct banking relationship with one of Indonesia's largest state-owned banks, maintained continuously in London for more than four decades under one corporate structure or another, and it is the first Indonesian bank of any kind to appear in this directory's United Kingdom listings.
Address
4 Thomas More Square, Thomas More Street, London, United KingdomContact
- Phone: +44 20 7553 8688
- Website: https://www.bkmandiri.co.uk
Category
Indonesian Bank in United Kingdom
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