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BANK OF SCOTLAND


ABOUT BANK OF SCOTLAND

One of the oldest British banks still operating, the Bank of Scotland’s private
bank offers a diverse catalogue of high-value services for its clients. These
include wealth management and financial planning, as well as flexible lending
solutions and a suite of services to make managing a fortune an easy task.

Fully-integrated digital platforms allow Bank of Scotland private banking
clients to choose when and where they manage their money, and there are several
methods they can use to contact the bank quickly. This makes for an overall
well-rounded private banking experience that ticks many boxes for high net worth
individuals.


SCOTLAND’S FIRST NATIONAL BANK

The Bank of Scotland was formed in 1695, only a single year after its
counterpart the Bank of England. However, while the two national banks were
formed within a short space of time, they were created to serve very different
purposes. The Bank of England was explicitly tasked with raising funds for
William III’s wars abroad. The Bank of Scotland, on the other hand, was given
the job of supporting Scottish businesses. It was Scotland’s first national
bank, and was given a 21-year monopoly on public banking in the country.

As soon as this monopoly expired, the rival Royal Bank of Scotland was created.
The “Bank Wars” during the 1720s-40s were mutually destructive, with both banks
attempting to put the other out of business. However, both banks eventually put
their differences aside. In fact, the Bank of Scotland and its one-time
competitor worked together to avert a major banking crisis in 1772. They acted
almost as a modern central bank, lending to smaller banks to avert a full
liquidity crisis. This co-operative spirit made Scotland more financially
resilient than many other countries in Great Britain.

Today’s Bank of Scotland offers a diverse range of banking services, including a
fully-equipped private bank. Clients must have either £250,000 or more of
deposits or at least a £750,000 mortgage with the bank.


THE BANK OF SCOTLAND’S PRIVATE BANKING SERVICE

Clients of the Bank of Scotland’s private bank gain access to a wide range of
useful services. These include financial planning and investment advice, which
are delivered through the private bank’s partnership with a dedicated advisory
service. Lending for short-term expenses is available to cover costs such as
school fees and tax bills, which can ensure financial fluidity at all times for
high net worth individuals.

The private bank also gives clients access to large mortgages and bridging loan
facilities, enabling swift and stress-free investment in assets of many
varieties. Support for business and enterprise also comes from the Bank of
Scotland’s private bank accounts, which are able to invest in funding for
partnership in a firm.

These services are offered alongside bespoke current and savings account
products tailored to the needs of high net worth individuals. These provide the
flexible, adaptable solutions that modern individuals need to manage and make
the most of their wealth.


HARLEY PRIVATE BANKING WITH THE BANK OF SCOTLAND

With a strong emphasis on quality service and many years’ experience as a
top-shelf bank, the Bank of Scotland is an excellent choice for any high net
worth individual.


CONTACT DETAILS

31-33 Perrymount Road
Haywards Heath
West Sussex
RH16 3SP
United States

0345 711 1111


SERVICES OFFERED BY BANK OF SCOTLAND.

 * Wealth Management
 * Harley Private Bank Accounts
 * Harley Private Bank Mortgages


BANK OF SCOTLAND IN THE NEWS

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Posted on 19th Mar 2021


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Posted on 19th Nov 2020


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Posted on 11th Nov 2020


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SUPER RICH IS BOOMING


LATEST NEWS


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Family offices are becoming more and more frequent victims of targeted data
breaches where fraud, extortion and cyber-enabled physical threats can all have
a drastic and damaging effect.

Find out more


FOR EXPERT ADVICE ON THE BEST HARLEY PRIVATE BANK FOR YOU CALL NOW:




Harley Private Banks (www.harleyprivate.com) is part of Falbros Ltd.
Falbros Ltd is authorised and regulated by the Financial Conduct Authority under
reference number 745807.


 * About

 * Find Your Perfect Partner
 * Harley Private Bank Mortgages
 * Harley Private Bank Accounts
 * Wealth Management

 * About us
 * Insight
 * Contact

 * Telephone
   
 * Email
   account@harleyprivate.com