The Scottish Clearing Banks provide the countrywide Money Transmission service and a means of Settlement of Indebtedness through the Cheque, Credit Transfer and Direct Debit systems. Amongst the other services are the following:

Corporate Services
Current Account
Deposit Account
Deposit Receipt
Overdrafts
Loans in Sterling and Foreign Currencies including syndicated loans
Agricultural Services
Computer Facilities

Related to customer's bank accounts
Sorting of cheques into serial number order
Provision of magnetic tape providing details of entries to accounts

Computer Bureau Services
Computer processing; remote terminal processing; on-line enquiry systems; systems analysis; programming; data preparation; tape translation; Computer Output Microfiche (C.O.M.); data courier service; standard program packages

Payroll Services
Export Finance
  Short Term Supplier Credit
  Bills or Notes Scheme
  Open Account Scheme
  Medium Term Supplier Credit
  Buyer Credit
  Home Shipbuilding Finance
  E.C.G.D.
Factoring
Insurance Services
Leasing
Medium Term Loans
Merchant Banking Facilities

Overseas Services
  Bill and cheque collections, outwards and inwards
  Bill and cheque negotiations
  Acceptances
  Documentary Credits (Inwards)
  Documentary Credits (Outwards)
  Guarantees
  Foreign currency deposits
  Foreign currency loans
  Investment currency, purchase and sale
  Drafts
  Mail Transfers
  Cable Transfers
  Inward Payments
  Forward Contracts
  Finding agents, distributors and buyers abroad
  Advice on possible markets and documentation
  Information on tariffs and exchange control regulations abroad
  Advice on all aspects of U.K. Exchange Control Regulations
Stock Exchange Services
  Local Authority Loans Assistance
  New Issues
  Nominee Company
  Portfolio Valuation
  Portfolio Accounting
  Purchase and Sale of Stocks and Shares
  Registration
  Special Company Reports
  Unit Trust Trustees Block Discounting