Standard circulars – New banking arrangements, urgent action required

Standard  Club has released circulars for members of Standard Club UK, Standard Club Asia and Standard Club Ireland DAC, notifying them that due to Nordea Bank’s decision to close its London branch, new arrangements would  need to be made regarding payments.

In addition, e Standard Club UK Ltd’s VAT number, 244 365 464, has been withdrawn and replaced with the VAT number  365 342 691.

Following the decision by Nordea Bank to close its London branch, the club’s London accounts will cease to operate on June 30th 2021, so the bank held at Nordea Bank Abp, London branch will be switching to Nordea Bank Abp, Oslo Branch with immediate effect.

All remittances should from now on be made to the new Nordea Oslo branch accounts. Standard Club said “please instruct your accounts teams to take urgent action to update their records as follows:

Bank: Nordea Bank Abp, Oslo Branch


The account names could be

  • The Standard Club UK Ltd
  • Standard Club Ireland DAC
  • The Standard Club Asia Ltd

These bank accounts should be used for all the club’s business classes: P&I, Defence, Coastal & Inland, War Risks and Strike & Delay.

In due course these new banking arrangements will be included on debit notes issued by the club, but in the short term, to verify the information in this circular, clients can obtain verbal confirmation of the changes from your usual Standard Ireland contact or check against the version available on the club’s website.