last updated 03/09/22

In April 2021, we first announced our intention to transfer our banking and lending business to our sister company Coutts and committed to keeping you updated about the transfer.

We have used a Banking Business Transfer Scheme, under Part VII of the Financial Services and Markets Act 2000.

 On 31 May 2022 the Court of Session in Edinburgh approved the implementation of the Banking Business Transfer Scheme to transfer the Adam & Company banking and lending business to Coutts.

The transfer took effect from 3 September 2022 at 00.01am. 

This hub details the process, provides important documents about the transfer, and answers to some questions you may have.


what this means for you?

As the Transfer has now taken effect, your former Adam & Company accounts and products forming part of the Transfer are now part of Coutts.


We want to reassure you that Coutts will continue to offer the same level of service that you enjoy today.


You should continue to speak to your private banker and access Coutts 24 and Coutts’  digital services for your banking needs.


 For access to Coutts digital services please click here: 





  • Important documents

  • What you need to know about the transfer

    In April 2021, NatWest Group announced its intention to transfer the Adam & Company banking and lending business to its sister company Coutts using a legal scheme which required approval from the Court of Session in Edinburgh.

    This is called a Banking Business Transfer Scheme and is covered under Part VII of the UK Financial Services and Markets Act 2000. As well as needing approval from the Court of Session to transfer the Adam & Company business, engagement was required from the Prudential Regulation Authority (PRA) and was also undertaken with the Financial Conduct Authority (FCA).

  • How do I make my views known to the Court about the Transfer?

    The date to make your objections has now passed. You were able to present your views up until the Final Court Hearing which took place on 31 May 2022 at the Court of Session in Edinburgh, where the Transfer was approved.

  • When did the transfer become effective?

    The Transfer took effect on 3 September 2022 at 00.01am.

  • What does the transfer mean for you?

    On the date of transfer, you became a client of Coutts with access to the broader banking proposition and range of services available through Coutts. 

    You can continue to use banking cards and cheque/paying-in books that are branded Adam & Company until they are replaced with Coutts ones.

    If you already had a Coutts account the Transfer may have an impact on your FSCS protection.


  • Changes you will see on our documents

    You will see some changes related to our registered address and company information:

    Legal entity name – Coutts & Company

     Registered in England No. 36695

    Registered Office – 440 Strand, London WC2R 0QS

    Financial Services Firm Reference Number 122287



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