The cornerstone of your banking relationship with Coutts, the Current Account is designed to meet your day-to-day banking needs.
All credit is subject to approval and affordability checks. Terms and conditions apply. Over 18s only. Security may be required. Product fees may apply.
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it.
Fees and Charges
You will be charged an annual tariff of £900 (or currency equivalent) for your sole Coutts Private Client banking relationship. This tariff will be pro-rated and applied quarterly in arrears in March, June, September and December. This tariff will be £1,200 if you are not resident and not domiciled in the UK
You will also be charged an annual tariff of £900 (or currency equivalent) for each joint relationship you hold with us. This tariff will be pro-rated and applied quarterly in arrears in March, June, September & December. This tariff will be £1,200 if you are not resident and not domiciled in the UK. The joint relationship tariff will not be charged if all parties to the relationship also hold a sole relationship with us.
We will waive your quarterly tariff in whole or in part based on the average value of combined assets and liabilities that you hold with us.
Your eligible cash deposits held with Coutts & Co are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK's deposit protection scheme. Any deposits you hold above the limit are unlikely to be covered. Investment business undertaken with Coutts & Co in the UK may be covered by the FSCS, the cover depending on the nature of the claim being made. Eligible claims for most types of investment business are covered up to a maximum of £85,000 per person. FSCS cover is not available for loss of money resulting from performance of the investment.
We participate in the Current Account Switch Service which simplifies the process of transferring your day to day banking to us.