Located at the heart of the European Union, the Grand Duchy of Luxembourg is a worldwide recognised centre of excellence for private banking and investment management. Its international know-how, its multilingual tradition and optimal regulatory and fiscal environment make Luxembourg very attractive and competitive for banking services.

Our Luxembourg Branch has been established in this country since 1988 and offers first-class banking services to international private clients. From advice on asset allocation to discretionary management services, we provide a high level of protection to our clients in investment matters. Luxembourg-based accounts are operated under the Luxembourg Banking Law, which help us preserve our clients’ privacy and wealth.

Additionally, we also benefit from the protection and security of the UK’s Financial Services Authority regulations.

Important information about compensation arrangements

We are covered by the Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - including most individuals and small businesses - are covered by the scheme.

In respect of deposits, an eligible depositor is entitled to claim up to £50,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 each (making a total of £100,000). The £50,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank including their share of any joint account, and not to each separate account.

For further information about the scheme (including the amounts covered and eligibility to claim) please ask at your local branch, refer to the FSCS website www.FSCS.org.uk or call 00 44 20 7892 7300.

Deposits with us are held with either Lloyds TSB Bank plc or Lloyds TSB Scotland plc. Eligible depositors have a separate limit of £50,000 for accounts in each bank.

Accounts with Lloyds TSB Bank plc include accounts in all its divisions and under trading names: Cheltenham and Gloucester (C&G), Lloyds Bank, Lloyds TSB, Lloyds TSB Bank, Lloyds TSB Business, Lloyds TSB Business Banking, Lloyds TSB Commercial, Lloyds TSB Corporate Markets, Lloyds TSB Private Banking and Worldwide Service. An eligible depositor’s £50,000 limit relates to the combined amount in all accounts with Lloyds TSB Bank plc.

Accounts with Lloyds TSB Scotland plc include accounts in all its divisions and under trading names: Lloyds TSB Scotland Business, Lloyds TSB Scotland Business Banking, Lloyds TSB Scotland Commercial, Lloyds TSB Scotland Commercial Banking, and Lloyds TSB Private Banking. An eligible depositor’s £50,000 limit relates to the combined amount in all accounts with trading names of Lloyds TSB Scotland plc.

If you are unsure which bank your account is held with please check your account literature or ask at your local branch.