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Commercial Loans

On the 19th August 2010, Lloyds Banking Group plc, announced its intention to close Bank of Scotland (Ireland) Limited on the 31st December 2010. On the 31st December 2010, all of the assets and liabilities of Bank of Scotland (Ireland) Limited transferred into Bank of Scotland plc through a merger and Bank of Scotland (Ireland) Limited ceased to exist.

All Loans

Your Loan Agreement is now with Bank of Scotland plc. Your rights and obligations under the Loan Agreement are not affected and the Loan Agreement will remain in place until all amounts owing have been repaid. You are expected to continue to make payments in line with the Loan Agreement. If you require further facilities after the expiry of your loan facility, we would strongly advise that you make arrangements with an alternative provider.

If your account requires a lump sum bullet payment and is maturing prior to 31st December 2012, you are expected to repay this loan as set out in the Loan Agreement. However, if you are unable to pay this amount in full and if you are compliant with all other terms and conditions which apply to the facility at maturity, you may apply to extend the term for a period up to a maturity date no later than 31st December 2012.

If you have a Loan that is not compliant with Terms & Conditions and / or is in arrears please contact us on 1890 81 81 81 to arrange to bring the loan up to date and within terms.

You may have further questions and we have listed a suite of Questions and Answers that hopefully will address these queries.

If you have a working capital product with us (for example an Invoice Discounting or Payline product), please refer to our Working Capital pages for information on your facility.

Bank of Scotland plc. Registered in Scotland No. SC327000. Registered office: The Mound, Edinburgh EH 1YZ. Bank of Scotland plc is authorised and regulated by the Financial Services Authority in the United Kingdom and is regulated by the Central Bank of Ireland for conduct of business rules. Bank of Scotland plc is entered in the FSA’s Register and its Register No is 169628.

Telephone calls may be recorded to confirm instructions given and for quality control and training purposes.
Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Authorised and regulated by the Financial Services Authority in the United Kingdom. Bank of Scotland plc is entered in the FSA's Register and its Register No. is 169628.