Banking solutions for RICS members

Banking solutions for RICS membersBanking solutions for RICS members.

Working in partnership with Real Estate professionals.

We’ve been working closely with the RICS members to understand how we can help you manage your clients’ money and meet your day-to-day banking needs.

Key Features:

Professional service and industry knowledge from our specialist Real Estate Team. 6 months’ free day-to-day business banking* and a full range of financial services to support your business. A range of straightforward and secure client deposit accounts.

Client Account Services.

We have a range of client deposit accounts to support your business.

General Client Deposit Account (GCDA)

This account offers an alternative to traditional discrete accounts (such as our Designated Client Account). It provides a specially designed banking service for firms that are operating deposits on their clients’ behalf. The GCDA will help you maintain compliance with RICS regulations, minimise errors and can provide an opportunity to generate an income for your firm.

Key Features:

Competitive interest rates. Helps you to comply with Rule 8 of RICS Rules of Conduct for firms. Direct phone line to your specialist Relationship Manager and support team. Easy to use reports supporting three-way reconciliation. Online capability.

For more information on client deposit accounts, please select from the following links:

Banking Services.

Simple, convenient day-to-day banking to support your business.

When you move to Bank of Scotland business banking, you’ll enjoy 6 months’ free day-to-day business banking as a welcome from us. This means:

no charges for paying-in or withdrawing cash no fees for issuing or paying-in cheques no charges on standing orders or Direct Debits.

All we ask is that you operate your account in credit or within agreed limits and don’t go overdrawn without agreeing it with us first. See the Business Extra Tariff on our Rates and Charges page for information on the charges that apply to CHAPS transfers.

When your 6 months’ free banking finishes, we’ll move you to our Business Extra Tariff (PDF) Opens in a new window That is, unless you choose one of our other banking tariffs.


Part of our commitment to the Real Estate industry is to provide you with the funding you require for investment and development plans.

Speak to a member of our Real Estate team in your area for more information or visit our Loans and Finance page.

Supporting your industry.

Bank of Scotland has pledged to support SME businesses. Through our preferred banking partnership with the RICS we set out to support members in a number of ways including:

involvement in our Charter Events throughout the UK joint Continuing Professional Development (CPD) initiatives sponsorship of events and initiatives to support the members locally.

For more details please contact our Real Estate team.

Get in touch.

We have a dedicated team of Real Estate specialists based across Scotland.

Our commitment to Scottish business.

We’re committed to helping Scottish businesses grow and develop by giving them the support they need – our Business Charter will tell you more.

Calls may be monitored or recorded in case we need to check we have carried out your instructions correctly and to help improve our quality of service. Please note that any data sent via e-mail is not secure and could be read by others.

Bank of Scotland plc Registered Office: The Mound, Edinburgh EH1 1YZ. Registered in Scotland no. SC327000. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 169628.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.

Lloyds Banking Group is a financial services group that incorporates a number of brands including Bank of Scotland. More information on Lloyds Banking Group can be found at

This site is intended for UK residents unless otherwise stated.

© Bank of Scotland plc 2015. All rights reserved.

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