The links below contain important legal and regulatory statements, which you should be read in conjunction with the information displayed on Bank of Scotland Commercial Banking Internet website.

The pages on this site provide information in relation to products offered by Lloyds Bank plc and Bank of Scotland plc to customers resident in the UK and otherwise. Please note that the information contained in this site may not satisfy the laws of any jurisdiction other than those of the UK, the Channel Islands or the Isle of Man.

Financial Services Compensation Scheme

Bank of Scotland

Your eligible deposits with Bank of Scotland plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

Lloyds Bank

Your eligible deposits with Lloyds Bank plc are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme.

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No matter the type, size or sector, any business in Europe that undertakes derivative transactions, including FX forwards, will be impacted by the European Market Infrastructure Regulation (EMIR).

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Government initiatives

At Bank of Scotland Commercial Banking we are committed to making the UK economically stronger. We understand that for the economy to grow, it needs strong and vibrant businesses and for the UK economy to prosper, it needs to look beyond national boundaries and export for success.

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Commercial Banking Regulatory Information

The United Kingdom (UK) formally left the European Union (EU) on 31 January 2020. Following the expiry of the transition period on 31 December 2020, EU legislation was retained (subject to certain amendments) in UK domestic law pursuant to the European Union (Withdrawal) Act 2018 (as amended from time to time, the EUWA).

References [on this website/in these terms] to Regulations, Directives and other EU legislation should be read, in relation to the United Kingdom, as references to such Regulations, Directives or other EU legislation as they form part of United Kingdom domestic law by virtue of the EUWA or have otherwise been implemented in United Kingdom domestic law, as appropriate. The substance of the regulatory obligations described are in most instances unchanged and we will contact you directly if there is any impact on you as a result of retention of EU legislation into UK domestic law. 

Telephone conversations and electronic communications are recorded in accordance with recent changes to applicable regulations. Recording of such conversations and communications with you will be provided to you upon request for a period of five years, or where requested by a competent authority, for a period of up to seven years.

Benchmark Transparency statement (PDF, 69KB)

Best Execution

Terms of Business

Financial Services Compensation Scheme statement (PDF, 171KB)

Investment Recommendations


Obtaining pricing through eChannels (PDF, 219KB)

Our approach to conflicts of interest (PDF, 82KB)

Our approach to Costs and Charges Calculations (PDF, 270KB)

Our approach to inducements under MiFID II (PDF, 163KB)

Our approach to Order Execution and Handling (PDF)

Our approach to pricing our traded products (PDF, 49KB)

Packaged Retail and Insurance-based Investment Products (PRIIPs)

Risk Disclosure Statement (PDF, 74KB)

Target Market (PDF, 66KB)

Benchmark Factsheets

Products terms & conditions

Ensure you're up to date with our products and services' latest small print.

Economics and insight

Read our latest in-depth analysis and topical articles.

Contact us

For more information, contact your local relationship director or use our online directory.