Rate Update Channel

Products available through Bank of Scotland Private Banking

Bank of Scotland Private Banking looks at things differently. For us, it's about exploring and suggesting challenging and innovative ways to help you manage and potentially grow your personal wealth.

We offer our clients access to a selection of products which range from our Flexible Current Account to a variety of Savings products, including instant access and fixed rate accounts.

The Private Banking product suite includes accounts from the Bank of Scotland range which are available to a wider client base and subject to individual terms and conditions. Details of which can be obtained by contacting your Relationship Manager.

The current Bank of Scotland Private Banking product interest rates are listed below.

*Important Information

AER stands for Annual Equivalent Rate and shows what the interest rate would be if it was paid and compounded once each year. This allows you to compare more easily what return you can expect from your savings over time. The gross rate is the contractual rate of interest payable before the deduction of income tax at the rate specified by law (currently 20%). The net rate is the contractual rate of interest payable after the deduction of income tax at the rate specified by law (currently 20%). Interest will be paid net on non tax free accounts unless you have registered to receive interest gross because you are not ordinarily resident for tax purposes, or you are a non tax payer. The net rates shown, which are only examples and have been rounded, assume income tax has been taken off. You may be able to claim income tax back if the amount of tax we have taken off is more than you have to pay. Interest on tax free accounts will be paid gross, without income tax being deducted. Tax free means free of income tax and capital gains tax. Rates of interest are subject to change but are correct as at 6^th February 2012.

Bank of Scotland plc. Registered Office: The Mound, Edinburgh, EH1 1YZ. Registered in Scotland No. SC327000. Authorised and regulated by the Financial Services Authority.