Our Accounts

Whether you're looking for a Share Dealing Account, Stocks and Shares ISA or a Self-Invested Personal Pension (SIPP), we've got an account to suit your needs.

With a Bank of Scotland Share Dealing Account you can trade on seven world markets in a variety of investments.

  • Trade online or over the phone.
  • Invest in UK or international shares, funds, bonds, gilts, investment trusts and Exchange Traded Funds (ETFs).
  • Buy shares on seven world markets.
  • Real-time online dealing from £12.50 dealing commission per trade.
  • Dedicated research tools so you can keep up-to-date with all the latest market news and prices.

Share Centre
Funds Centre
Markets and Insights

How much does it cost?

Online trading costs £12.50 per trade for both UK and international shares. You can also trade over the phone with a dealing commission of £25 (plus stamp duty) per trade for UK stocks and all international securities.

When you buy UK stocks, you also have to pay a form of tax called Stamp Duty or Stamp Duty Reserve Tax. This is 0.5% of the value of the investments you buy (1% on Irish stocks). You do not pay Stamp Duty on AIM stocks or Exchange Traded Funds.

A currency conversion must be made for an international trade, either from Great British Pounds into a foreign currency to buy, or from a foreign currency into Great British Pounds to sell. As our fee, when we do this we add 1.25% to the exchange rate for buys, and take away 1.25% for sales. An indicative exchange rate will be shown prior to trading and the final rate will be shown once the trade is completed.

You can build an investment portfolio through monthly regular payments from as little as £20 per month (minimum investment of £5 per stock) on UK shares for just £2 dealing commission per trade.

Additional charges apply - please familiarise yourself with these before you apply.

View our full list of charges.

What are the risks?

All stock market investments involve a degree of risk and you might not get back the full amount you invest. Find out more about the risks involved.

Apply for a Share Dealing Account

Make sure you understand the following checklist before you apply for an account.

Apply now

Risk Warning


Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested.

We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

How to mitigate risk

Apply for a Share Dealing Account

You’ll need to be able to confirm that you:

Apply now

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With the Bank of Scotland Stocks and Shares ISA, you can invest in shares, funds, gilts, bonds and more tax-efficiently. This tax year's ISA allowance is £20,000 and any potential profit you make is free from Capital Gains Tax (this does depend on your individual circumstances and tax laws may change).

How much does it cost?

Online trading costs £12.50 per trade for both UK and international shares. You can also trade over the phone with a dealing commission of £25 (plus stamp duty) per trade for UK stocks and all international securities.

The administration charge for our Stocks and Shares ISA is £12.50 per year (paid in April). Additional charges apply to the Stocks and Shares ISA - please familiarise yourself with these before you apply.

When you buy UK stocks, you also have to pay a form of tax called Stamp Duty or Stamp Duty Reserve Tax. This is 0.5% of the value of the investments you buy (1% on Irish stocks). You do not pay Stamp Duty on AIM stocks or Exchange Traded Funds.

A currency conversion must be made for an international trade, either from Great British Pounds into a foreign currency to buy, or from a foreign currency into Great British Pounds to sell. As our fee, when we do this we add 1.25% to the exchange rate for buys, and take away 1.25% for sales. An indicative exchange rate will be shown prior to trading and the final rate will be shown once the trade is completed.

You can build an investment portfolio through monthly regular payments from as little as £20 per month (minimum investment of £5 per stock) on UK shares for just £2 dealing commission per trade.

Additional charges may apply to the Stocks and Shares ISA.

View our full list of charges.

What is the current annual ISA limit?

The maximum amount you can invest in the current tax year is £20,000. You can choose to invest your full allowance into a cash ISA, a stocks and shares ISA, or an innovative finance ISA or any combination of the three.

Alternatively you can split your allowance by investing up to £4,000 in a Lifetime ISA and the remaining allowance between any combination of the other three types of ISA, as long as you don’t exceed £20,000 in total across your ISAs.

For example, if you invest £10,000 into your stocks and shares ISA, you must save no more than £4,000 in your Lifetime ISA and £6,000 within a cash ISA and/or an innovative finance ISA.

What are the risks?

All stock market investments involve a degree of risk and you might not get back the full amount you invest. Find out more about the risks involved.

Apply for a Stocks and Shares ISA

Make sure you understand the following checklist before you apply for an account.

Apply now

Risk Warning


Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested.

We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

How to mitigate risk

Apply for a Stocks & Shares ISA

You’ll need to be able to confirm that you:

Apply now

FSCS Logo

If you're interested in trying out the stock market but you haven't got a lump sum to invest, you could try our ShareBuilder.

  • Build an investment portfolio through monthly regular payments from as little as £20 per month (minimum investment of £5 per stock) on UK shares for just £2 dealing commission per trade.
  • Trade UK shares online in real time for just £12.50 dealing commission per trade.
  • Our Market Research Centre has a mixture of news and investment tools to help you find the right investment.

Additional charges apply - please familiarise yourself with these before you apply.

View our full list of charges

More about ShareBuilder

Bank of Scotland ShareBuilder is an easy and cost-effective way for you to buy shares and gradually build up your portfolio through a regular investment plan.

It's an easy way to trade – and you don't need to be a financial whizz either. Make the investments you want on set days – up to four times each month.

Apply for a ShareBuilder

Make sure you understand the following checklist before you apply for an account

Apply now

Risk Warning


Please remember that the value of an investment and the income from it can go down as well as up and you may get back less than you invested.

We don't provide advice so if you are in any doubt about making your own investment decisions we recommend you seek advice from a suitably qualified financial adviser.

How to mitigate risk

Apply for a Bank of Scotland ShareBuilder

You’ll need to be able to confirm that you:

Apply now

FSCS Logo

A SIPP, or Self Invested Personal Pension, is one of the most tax-efficient ways you can save for your retirement. You can transfer in a lump sum or save regularly and use your pension fund to invest in shares, funds, bonds and more.

Like all pensions, you pay no Capital Gains Tax, receive tax relief on your own contributions and can take 25% of your pension fund as a tax-free lump sum from the age of 55. The tax benefits you receive will depend on your individual circumstances and tax laws can change.

Our SIPP is provided by AJ Bell, one of the leading pension providers in the UK.

How much does it cost?

Our online dealing commission is £12.50 per trade (plus stamp duty) for both UK and international shares. You can also trade over the phone with prices starting at £25 per trade for UK stocks (plus stamp duty) and £12.50 per trade for all international trades.

The administration charge for a SIPP account is £22.50 per quarter if your SIPP is valued at £50,000 or less. For valuations above £50,000, this is £45 per quarter. You can also invest using a scheduled monthly investment plan from £2 dealing commission per trade.

A currency conversion must be made for an international trade, either from Great British Pounds into a foreign currency to buy, or from a foreign currency into Great British Pounds to sell. As our fee, when we do this we add 1.25% to the exchange rate for buys, and take away 1.25% for sales. An indicative exchange rate will be shown prior to trading and the final rate will be shown once the trade is completed.

Indicative exchange rates are provided prior to trading, and the rate applicable to the individual trade is confirmed on the contract note once the deal has been completed.

Additional charges apply to the SIPP.

View our full list of charges.

Important SIPP Documents

Investing in a SIPP can be complicated so please make sure you’ve read the important documents below and taken the necessary steps to understand all of the potential risks before opening a SIPP.

Benefits Forms

Once you reach the age of 55 you have a number of options available. You can leave your pension pot and continue to save or, if you need to take an income or need access to the money in your pension, you can choose any, or a combination, of the below options:

  • Use Income drawdown (flexi-access drawdown), and/or;
  • Take a taxable lump sum (uncrystallised pension lump sums), and/or;
  • Purchase an annuity from an insurance company.

For more information about your options, including the risks of each option, please read the Benefits Guide.

Useful Forms

What are the risks?

All stock market investments involve a degree of risk and you might not get back the full amount you invest. Find out more about the risks involved.

Apply for a SIPP

Make sure you understand the following checklist before you apply for an account.

Apply now

Apply for a SIPP


Please ensure you have read, and taken the necessary steps to understand, the following documents before applying.

Apply now

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Pension guidance

Guidance on your options is also available from Pension Wise, a free and impartial government service. It is not intended to be a substitute for free financial advice. More information can be found at https://www.pensionwise.gov.uk/