Bank of Scotland in Germany

The bank of Scotland is one of the oldest banking houses of Europe. The loan institute which has his seat in Scottish Edinburgh was founded already in 1695 and today belongs to the famous Lloyds Banking Group. In the course of her history it has always understood the bank of Scotland to connect tradition and progress to the use of her customers in optimum manner. Thus this bank was one of the forerunners Home-and Internetbankings. Besides, particularly a lot of value on the observance of the highest safety standards became and is laid.

To German consumers the bank of Scotland is known above all by her attractive offers in the area of fixed term deposits and time deposit. Regularly this Scottish bank with comparisons of different loan institutes reaches one of the front orders. The bank of Scotland offers a high payment of interest of festival inserts and time deposit inserts and renounces basically fees for the account processing. Differently than with other suppliers no least inserts are also necessary at this loan institute. The customers who win over friends or relatives as new customers to the bank of Scotland can be glad about monetary premiums. The bank of Scotland pursues no branches in Germany and is accessible to her customers therefore merely on Internet and phone. Who would like to open an account at the bank of Scotland, this must carry out in the way of the Postident procedure. Besides, the identity of the person who opens the fixed term deposits or day money account is ascertained with the help of her identity card in a personal visit in a postal branch. Then all transactions can be explained on the Internet comfortably from home.

Differently than all home loan institutes the bank of Scotland is not a member in the German insert protection fund. However, this does not mean that there would be no protection for the day and time deposit inserts of German savers: Their credit are protected by the British insert protection fund FSCS (Financial of service Compensation Scheme). This arises in the insolvency case for arrangements of private individuals up to a certain height to 100 percent.