Bank of Scotland provides products and services in the areas of retail banking, private banking, corporate banking. The range of products offered by Bank of Scotland includes current accounts, credit cards, personal loans, mortgage loans, savings accounts, ISAs, investment funds, shares dealing accounts, insurance, retirement plans. Bank of Scotland makes its solutions available to individuals, companies.
Opening an account with Bank of Scotland can be done by performing the following steps: submit online application, visit bank branch.
Bank of Scotland requires the following documents to open a personal bank account: passport or ID card; utility bill; income details; application form.
While opening a bank account Bank of Scotland has to perform KYC procedure and comply with AML requirements. KYC procedure usually includes obtaining the information about customer identity, residential address, current occupation and source of income. KYC checks performed by Bank of Scotland and the documents used are outlined below.
Bank of Scotland may require additional documentation or information depending on the case.
Bank of Scotland performs identity verification using branch visit.
Products and services offered by Bank of Scotland are available at its branches, post offices and via its online banking system, mobile application.
Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured by the collateral of specified real estate property and is repaid in installments. Mortgage loans offered by Bank of Scotland are shown in the table below.
Updated on 27 May 2020
Available to UK-based companies
United Kingdom: This product is offered to the United Kingdom's residents only. When clicking on the product link you will be redirected to the product page in English.