FCAUnited KingdomTier 1Licence number
169628
View licence record- Licence holder
- Held by Bank of Scotland
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for Bank of Scotland
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Bank of Scotland has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Bank of Scotland, strongest authority first.
2 records
- FCAUnited KingdomTier 1
CIMACayman IslandsTier 3Licence number
81017
View licence record- Licence holder
- Held by Bank of Scotland
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
Protection
What this licence protects
FCA's own rules for the firms it authorises.
- Compensation schemeUp to £85000 (FSCS)
- Client money kept separate
- Negative balance protection
- Complaints routeFinancial Ombudsman Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by Bank of Scotland
Answered from the register entries on this page.
Most Popular Questions
Bank of Scotland provides customer support via phone and live chat during business hours. Support is available in English, and clients can contact the support team by phone at +44 131 339 2573 or via email at sharedealing@bankofscotland.co.uk.
Bank of Scotland offers a maximum leverage of 1 for trading. This indicates a conservative leverage policy consistent with regulatory requirements in the UK.
Cash deposits at Bank of Scotland incur a fee of £1.50 per £100 for over-the-counter deposits and £0.85 per £100 at Immediate Deposit Machines or ATMs for business accounts. Deposits made via machines are processed immediately, while branch deposits are processed the same or next business day.
Bank of Scotland supports various deposit methods including cash deposits, electronic payments (BACS, Faster Payments, CHAPS), card payments, and international wire transfers. Withdrawal options include cash withdrawals at ATMs and branches, cheque withdrawals, and electronic withdrawals with some fees applicable depending on the method and currency.
Bank of Scotland plc is regulated by the UK's Financial Conduct Authority (FCA), an onshore regulator with high transparency and strong client fund insurance. Client funds are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). The FCA is a tier 1 global regulator ensuring compliance with UK and EU financial regulations.
Bank of Scotland has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Bank of Scotland holds licence records issued by FCA, CIMA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Bank of Scotland comes from tier-1 or tier-2 authorities (1 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Bank of Scotland has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Bank of Scotland has licence records in United Kingdom, Cayman Islands. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.