The Bank of Scotland’s first branch was opened in Glasgow in 1783. It acquired NatWest in 2000, and has since become the second largest bank in Europe and the fifth largest in the world.
The Bank of Scotland loan offers a fixed interest rate and no arrangement fee, but you might have to pay an early redemption charge if you wish to repay it before the loan term has expired. You can choose to take a three-month repayment holiday at the start of the loan, and the Bank of Scotland allows joint applications.
You can receive your funds within 24 hours of your loan being accepted if you choose to take advantage of the Bank of Scotland courier service. The money will come in cheque form though, so you will still have to wait for it to clear. The courier service costs an extra £45, plus a £5 fee if you want a specific delivery time slot.
