Private Banking legal information

Financial Services Compensation Scheme

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk. This limit is applied to the total of any deposits you have with the following:
 

  • Lloyds
  • Lloyds Bank
  • Mayfair Private Banking
  • Lloyds Private Banking
  • Lloyds Bank Private Banking
  • Lloyds 360
  • Lloyds Bank 360
  • MBNA
  • Scottish Widows Bank

Some savings accounts under the Charities Aid Foundation brand name are also deposits with Lloyds Bank plc. Any total deposits you hold above the limit between these brands are unlikely to be covered. Please view how FSCS protects your money (PDF, 494KB) for further information or visit www.fscs.org.uk

You can also refer to our FSCS Information Sheet (PDF, 81KB) for more details.
 

 

Asset Management Service

Schroders Personal Wealth is the investment manager for the service. Schroders Personal Wealth is a trading name for Scottish Widows Schroder Personal Wealth Limited. Registered Office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 11722983. Authorised and regulated by the Financial Conduct Authority.

Lloyds Bank plc is the custodian and ISA manager for the service. Lloyds Bank plc. Registered office 25 Gresham Street, London EC2V 7HN. Registered in England and Wales, no. 2065. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278.

 

Estates Administration and Trust Management Services

Lloyds Bank plc, part of the Lloyds Banking Group, will be appointed trustee in relation to a trust and executor in relation to an estate and probate or Letters of Administration will be granted in the name of Lloyds Bank plc.
Will Writing Service

Provided by our specialist will writing provider, Hugh James Solicitors (Brodies LLP in Scotland) who will draft a Will for you according to your instructions.

 

Investments

Most types of investments are covered by the scheme. Payments under the scheme are limited to 100% of the first £85,000 of your investments with us.

 

General

The information contained within the Lloyds Private Banking pages of this web site do not constitute financial or investment advice. All information is subject to change at any time, and we recommend that you contact us directly if you have any questions as to the information provided or would like to discuss our services and products further.

You should remember that past performance is not a guide to future performance. The value of investments can fall as well as rise, and you may not get back the full amount invested. Tax treatment depends on your individual circumstances and may be subject to change.

When you speak to us on the phone, some calls may be monitored or recorded to make sure that we carry out your instructions accurately, to check on other information about the service we provide to you, to help us maintain quality of service and for security purposes.