Icelandic bank Kaupthing Edge was at pains to reassure UK consumers that it remained financially sound.
Its website contained a message from Kaupthing chairman Sigurdur Einarsson stressing that it had some of the strongest capital ratios in the European banking sector.
It also pointed out that as Kaupthing Edge was a UK bank regulated by the Financial Services Authority, in the unlikely event that there was a problem, consumers would receive all of their compensation from the Financial Services Compensation Scheme, which guarantees up to £50,000 for individual savers.
Kaupthing has significant links to Birmingham including an investment in Bath Street-based Mitchells and Butlers, while its Kaupthing Singer & Friedlander subsidiary is building a major presence in the region with Trevor Foster as managing director of banking and regional chairman Paul Bassi.
Meanehile internet bank Icesave has stopped savers withdrawing their cash after its parent company was nationalised by the Icelandic government.
The Icelandic Financial Supervisory Authority issued a statement saying the country's government had taken control of Landsbanki.
It sought to reassure domestic savers that their money was fully guaranteed by the government, adding that domestic branches, call centres, cash machines and internet operations would be "open for business as usual".
But the guarantee does not extent to UK savers and people logging on to Icesave's website were greeted with a message telling them that the group was not currently processing any deposits or any withdrawal requests on its internet accounts.