United Kingdom · Financial institution
Bank of Scotland PLC
Bank of Scotland plc is a public limited company registered in Scotland, with its registered office at The Mound, Edinburgh. It is a wholly owned subsidiary of HBOS plc, and its ultimate parent is Lloyds Banking Group plc. The bank provides current and savings accounts, mortgages, credit cards and unsecured loans to retail customers, and lending and other products to commercial clients. It trades under the Bank of Scotland and Halifax brands. It was founded by an act of the Parliament of Scotland in 1695. The HBOS Group Reorganisation Act 2006 converted it into Bank of Scotland plc on 17 September 2007. It has been part of Lloyds Banking Group since January 2009.
Licences and registrations
Held by the legal entity, not by this BIC
This BIC is mapped to LEI OQ3T05P7YR8P5YJEVI93 (Bank of Scotland PLC) in the Swift and GLEIF BIC-to-LEI file. The legal entity’s page is Bank of Scotland PLC (HLFXGB21). None matched by LEI in the 22 tracked registers.
Licences belong to the legal entity. Each applies in the country of the regulator that granted it, not to every BIC that carries the LEI.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- BOFSGB3EXXX head office
- Connection to Swift
- Connected to SwiftThis BIC is registered as a live address on the Swift network. The institution sends and receives Swift messages under BOFSGB3E directly.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- 1 branch code
- BIC first registered
- 1997-12-06
- Last updated
- 2025-12-20
Overview
Researched 29 Sep 2026 · Sources
Employees
Not published
Ownership
Group subsidiary
100% HBOS plc
Institution type
Commercial bank
Trades as Bank of Scotland; Halifax (trading division)
- Ownership
- HBOS plc holds 100% of the bank, and HBOS plc is in turn owned by Lloyds Banking Group plc.
- Direct parent
- HBOS plc ↗, United Kingdom 100%
- Ultimate owner
- Lloyds Banking Group plc, United Kingdom
- Head office
- The Mound, EH1 1YZ Edinburgh, United Kingdom
- Company register
- SC327000 (Companies House, Scotland)
- Former name
- The Governor and Company of the Bank of Scotland
Business lines
According to its 2026 half-year results, the bank earns its revenue mainly from interest and fees on current and savings accounts, mortgages, credit cards and unsecured loans to retail customers and from loans to commercial clients.
Online
- Websites & references
- bankofscotland.co.uk ↗ did not load when checked
lloydsbankinggroup.com ↗ Parent group corporate and investor relations site, which hosts the bank's annual and half-year reports
Wikipedia ↗
Wikidata Q627381 ↗ - Official social accounts
- None found
Sources · 11 pages consulted
- find-and-update.company-information.service.gov.uk/company/SC327000
- investegate.co.uk/announcement/rns/lloyds-banking-group--lloy/2026-half-year-results/9696396
- lloydsbankinggroup.com/assets/pdfs/investors/financial-performance/bank-of-scotland-plc/2025/q4/2025-bos-annual-
- lloydsbankinggroup.com/who-we-are/group-overview/directors-and-governance.html
- lloydsbankinggroup.com/who-we-are/group-overview/group-executive-committee.html
- ofsi.blog.gov.uk/2026/02/23/sanctions-compliance-in-practice-lessons-from-ofsis-160000-bank-of-scotland-pe
- wilmerhale.com/en/insights/blogs/wilmerhale-w-i-r-e-uk/20260217-uk-financial-sanctions-compliance-and-en
- gtlaw.com/en/insights/2026/2/uks-ofsi-imposes-penalty-on-bank-of-scotland-for-russia-sanctions-viol
- bankofscotland.co.uk/assets/pdf/privatebanking/pdf/currency-account-interest-and-fees.pdf
- bankofscotland.co.uk/
- en.wikipedia.org/wiki/Bank_of_Scotland
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
- Charlie Nunn Executive Director and Group Chief Executive
- Chair
- Sir Robin Budenberg Chair
- Chief financial officer
- William Chalmers Executive Director and Chief Financial Officer
Supervisors & regulators
Researched 29 Sep 2026 · Sources
- United Kingdom
- Bank of England (including the Prudential Regulation Authority) Prudential supervisorCentral bankResolutionOther
- United Kingdom
- Financial Conduct Authority ConductAML supervisor
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Enforcement
The Office of Financial Sanctions Implementation published a GBP 160,000 penalty on the bank for Russia sanctions breaches involving 24 payments in February 2023.
ofsi.blog.gov.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
Identifiers
Head-office record
- BIC
- BOFSGB3EXXX
- How the BIC breaks down
- BOFSBank
- GBCountry · United Kingdom
- 3ELocation
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI record
- View on GLEIF ↗
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Profile
- Type
- Financial institutionClassified as a financial institution in Swift’s ISO 9362 BIC directory, with no licence on a tracked register. This includes banks that neither the ECB nor the FSB lists, as well as brokers, fund managers, insurers and market infrastructure.
- Regulation
- Not on a tracked registerNo licence or registration was found for this entity on the registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
- Register licences
- None matched by LEI in the 22 tracked registers
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- Operates MIC BOFS list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
- Founded
- 1695
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
Ownership and group
GLEIF relationship records
- Direct parent
- Hbos PLC · United Kingdom213800RS21X7UUH5QU25 ↗
- Ultimate parent
- Lloyds Banking Group PLC · United Kingdom549300PPXHEU2JF0AM85 ↗
The Lloyds Banking Group PLC group has 55 institutions in the directory, in 11 countries: all hold a BIC.
Including Lloyds Bank GMBH, Lloyds Bank GMBH, Lloyds Bank GMBH, Lloyds Bank GMBH, Lloyds Bank GMBH.
See the Lloyds Banking Group PLC group →Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Registered address
- THE MOUND EDINBURGH EH11YZ UNITED KINGDOM
- Operational address
- 110 ST. VINCENT STREET GLASGOW GLASGOW G2 5ER UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>BOFSGB3EXXX</BICFI>
<LEI>OQ3T05P7YR8P5YJEVI93</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>BOFSGB3EXXX</BICFI>
<LEI>OQ3T05P7YR8P5YJEVI93</LEI>
<Nm>BANK OF SCOTLAND PLC</Nm>
<PstlAdr>
<Ctry>GB</Ctry>
<AdrLine>THE MOUND EDINBURGH EH11YZ</AdrLine>
</PstlAdr>
</FinInstnId>Swift’s two address fields do not agree on a town, so the full record gives the address as address lines only.
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
|---|---|---|---|
| BOFS | BANK OF SCOTLAND PLC | Operating MIC | Systematic internaliser |
Network
Branch codes
| BIC | Branch | City | Address | LEI | Updated |
|---|---|---|---|---|---|
| BOFSGB3ERTN | CHAPS EURO RETURN OFFICE | Glasgow | GLASGOW GLASGOW UNITED KINGDOM | OQ3T05P7YR8P5YJEVI93 | 2024-04-10 |
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- Wikidata—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, leadership, regulators and events—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Bank of Scotland · Public domain · Wikimedia Commons · original.
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