EMEA -

Notice to Customers
Brexit
Conflicts of Interest
Depositor Protection
Libor
Tariffs

Terms & Conditions

Cash Management Services
Current Accounts & Payments
Germany
SMBC Nikko

NOTICES TO CUSTOMERS

^PDF Notice to customers (SMBC Brussels / SMBC DIFC Branch – Dubai / SMBC London / SMBC BI London / SMBC BI Paris)

^PDF Notice to customers (SMBC Düsseldorf)

^PDF Notice to customers (SMBC EU)

En français (in French)

^PDF Avis à l’attention des clients (SMBC BI Paris)

Completion of Transfer of Securities Business in the UK to form universal bank

7 October 2024

SMBC Group is pleased to announce to all customers of SMBC Bank International plc ("SMBC BI") and SMBC Nikko Capital Markets Limited ("CM Ltd") that SMBC BI, a commercial banking subsidiary in London, United Kingdom, has successfully completed the transfer of the securities business effective today 7 October 2024. CM Ltd will remain a booking entity for derivatives transactions. As part of the transfer SMBC BI has established a new branch in the Abu Dhabi Global Market financial centre to support Middle Eastern Clients previously managed by CM Ltd.

With the completion of this transfer, SMBC BI has officially commenced operations as a universal bank, enabling SMBC Group to better serve customers by offering banking and securities products through a single entity providing a full range of financial services.

This expansion of the range of financial services allows SMBC Group to meet a wider variety of customer needs and deliver higher value-added solutions to customers in EMEA.

SSI details for both SMBC BI and CM Ltd can be found here.

If there are any queries on this announcement, please contact your relationship manager or email smbcintegration@gb.smbcgroup.com .

^PDF Transfer of securities business as a first step to form a UK Universal Bank entity

Jefferies and SMBC Expand and Strengthen Strategic Alliance, Broadening Joint Business Efforts Across EMEA

16 January 2024

Jefferies Financial Group, Inc. (NYSE: JEF) (“Jefferies”) and Sumitomo Mitsui Financial Group, Inc. (NYSE: SMFG) (“SMFG”), Sumitomo Mitsui Banking Corporation (“SMBC”), and other group companies (collectively, “SMBC Group”) announced today that they have signed a memorandum of understanding to further expand their global strategic alliance to now include enhanced collaboration across Europe, the Middle East and Africa (“EMEA”) on future corporate and investment banking business opportunities.

In support of the initial strategic alliance in 2021, SMBC provided $2.25 billion in financing to Jefferies and purchased approximately 4.5% of the issued and outstanding common shares of Jefferies. In April 2023 the alliance was further bolstered by SMBC announcing its intention to raise its economic ownership to up to 15% on an as converted and fully diluted basis, which would result in SMBC becoming one of Jefferies’ most significant shareholders.

The Jefferies-SMBC strategic alliance commenced in 2021 in the U.S. and Japan and was significantly expanded in the U.S. in 2023, broadening the scope of collaboration in M&A advisory services, increasing collaboration across the firms’ equities and debt capital markets businesses, and launching a joint coverage model for designated investment grade clients. The alliance has now been further extended to formally cover EMEA in these business areas. Jefferies and SMBC have already been collaborating to deliver client solutions for over two years and this latest step enhances the alliance across the growing regional footprint in EMEA. The extended arrangement will benefit clients through the collective global insights and capabilities delivered from the comprehensive corporate and investment banking product and advisory platform offered by the two firms.

Rich Handler, Jefferies’ CEO, and Brian Friedman, its President, stated: “We are thrilled with the rapid early success and positive client response following the U.S. expansion of our alliance with SMBC Group in April 2023, and the next logical and straightforward step is to further expand our collaboration across EMEA. Over the last several years, Jefferies has made a significant investment to broaden and solidify its investment banking, sales, trading and research capabilities across EMEA. We now further accelerate these efforts by aligning with the significant capital base and world-class capabilities of SMBC Group. We are grateful to have such a productive relationship with SMBC Group and expect it to produce meaningful results for our clients and shareholders.”

President and Group CEO of SMFG, Toru Nakashima, President and CEO of SMBC, Akihiro Fukutome commented: “Since inception in 2021, our strategic alliance with Jefferies in the U.S. and Japan has been progressing well. Our combined capabilities allow us to better serve our clients and the partnership is already positively contributing to SMBC Group’s performance and growth. Following this success, we are excited to launch this next phase of collaboration in EMEA, having already executed some joint transactions in the region. The enhanced strategic alliance with Jefferies represents a significant investment on behalf of SMBC Group and we believe the global partnership delivers mutual benefit and enhanced value for our stakeholders. Our clients expect us to be a global solutions partner and the formalisation of the joint arrangements in EMEA, in addition to the U.S. and Japan, leaves us better positioned to deliver on those expectations.”

^PDF Jefferies and SMBC expand alliance across EMEA

Creation of a universal bank in the UK – Transfer of Securities Business

12 July 2023

SMBC Group has announced to all customers of SMBC Bank International plc (“SMBC BI”) and SMBC Nikko Capital Markets Limited (“CM Ltd”) that SMBC BI, a commercial banking subsidiary in London, United Kingdom, intends to start operations as a universal bank.

The first step in this process will be the transfer of the securities business from CM Ltd to SMBC BI, which is currently targeted for Q2 2024, subject to completion of legal and regulatory processes.

The transfer will enable SMBC Group to better serve customers by offering banking and securities products through a single entity providing a full range of financial services.

By expanding the range of its financial services to meet a variety of customer needs, SMBC Group aims to provide higher value-added solutions with customers in EMEA.

Customers will be contacted in due course with specific guidance detailing impacts and next steps. If there are any immediate queries on this announcement, please contact your relationship manager contact or email smbcintegration@gb.smbcgroup.com

^PDF Creation of Universal Bank EMEA Notice

SMBC Group establishes new EMEA headquarters at 100 Liverpool Street, London

SMBC Group has announced that all of its UK-based legal entities will be relocating to a new, contemporary central office at 100 Liverpool Street, London, where SMBC Group will occupy three floors.

The change of registered address will take place on or around Monday 16 May 2022, and will establish 100 Liverpool Street as SMBC Group’s new headquarters for its EMEA Division.

The convergence of all UK-based legal entities into this central location, to complement its operational centre at Harbour Exchange, will create operational efficiencies for SMBC Group in the EMEA region and will further enable the delivery of a universal banking platform to its customers.

The new address is: 100 Liverpool Street, London EC2M 2AT, United Kingdom.

^PDF News release: SMBC Group establishes new EMEA headquarters at 100 Liverpool Street, London (11 April 2022)

BREXIT

Sustained and reliable banking services without disruption

In response to the withdrawal of the United Kingdom from the European Union, SMBC Group has taken steps to ensure that it can continue to offer its clients in the European Economic Area (EEA) sustained and reliable banking services without disruption.

As announced on 15 November 2018, SMBC was granted approval by the European Central Bank to establish a banking subsidiary in Frankfurt, Germany. SMBC Nikko Securities Inc announced on 22 October 2018 that it was granted approval by the Bundesanstalt für Finanzdienstleistungsaufsicht (German Federal Financial Supervisory Authority) (BaFin) to establish a securities subsidiary in Frankfurt, Germany. The banking and securities subsidiaries are now registered as SMBC Bank EU AG and SMBC Nikko Capital Markets Europe GmbH respectively and both entities started serving customers from March 2019.

As of 25 April 2022, SMBC Bank EU AG began providing securities services as a universal bank by merging with SMBC Nikko Capital Markets Europe GmbH.

SMBC BI (formerly SMBCE) continues to serve customers in the United Kingdom and in non-EEA countries across Europe, the Middle East and Africa.

CONFLICTS OF INTEREST

SMBC Group is required to maintain and operate effective organisational and administrative arrangements with a view to taking all reasonable steps to identify, monitor and manage conflicts of interest.

^PDF Summary of conflicts of interest policy

DEPOSITOR PROTECTION

The following information sheets provide basic details of deposit guarantee schemes and the protection of eligible deposits.

^PDF Depositor protection (SMBC Brussels)

^PDF Depositor protection (SMBC Düsseldorf)

^PDF Depositor protection (SMBC London)

^PDF Depositor protection (SMBC BI London)

^PDF Depositor protection (SMBC BI Paris)

^PDF Depositor protection (SMBC EU)

En français (in French)

^PDF Protection des déposants (SMBC BI Paris)

LIBOR

The future of Libor

The purpose of this document is to provide information to SMBC Group customers and counterparties regarding the discontinuation of the London interbank offered rate (Libor) and to outline key aspects of this forthcoming change.

^PDF Libor transition FAQs

TARIFFS

French Monetary and Financial Code article D312-1-1

The following documents provide the tariffs applied to corporates transactions in accordance with Article 1L of the decree dated 5 September 2018 and applying to French Monetary and Financial code articles L 312-1-1 and L 314-13 to inform corporate customers about tariffs applied for transactions with SMBC BI Paris branch.

^PDFTariff list for corporate transactions (SMBC BI Paris)

En français (in French)

^PDFConditions applicables aux principales operations des entreprises (SMBC BI Paris)

TERMS & CONDITIONS FOR CASH MANAGEMENT SERVICES

The following agreements govern the terms and conditions associated with the cash management services that SMBC Group provides to its customers.

En français (in French)

^PDF Contrat d'échange de données informatisées selon le protocole EBICS (SMBC BI Paris – 29 September 2023)

Performance statistics of payment services interfaces

SMBC provides payments services through its branches in Brussels and Düsseldorf and through its wholly owned subsidiaries in London, Paris and Frankfurt. The following quarterly statistics, on the availability and performance of our open banking interfaces and our proprietary customer interfaces are published in accordance with the EU Payment Services Directive (PSD2), the European Banking Authority and the national competent authorities in the countries in which we operate.

^PDF PSD2 REP20 statistics (2025 Q1)

^PDF PSD2 REP020 statistics (2024 Q2)

^PDFPSD2 REP020 statistics (2024 Q4)

^PDF PSD2 REP020 statistics (2024 Q3)

^PDF PSD2 REP020 statistics (2023 Q2)