Not directly, but you can deposit funds to third-party exchanges like eToro that is FCA-regulated and easy to use.
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Summary: Clients of Coutts who want to buy cryptocurrencies like Bitcoin have to use regulated exchanges like eToro. This is a beginner-friendly exchange that is safe to use and regulated by FCA in the UK. Users can quickly and safely buy ovrer 1,000 digital assets including Bitcoin (BTC), Ethereum (ETH), and many other cryptocurrencies. Get started right away by signing up and making your first deposit for free via bank deposit or credit/debit card transfer.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
FinCEN, FCA, CySec Regulated
Not directly, but you can deposit funds to third-party exchanges like eToro that is FCA-regulated and easy to use.
The first step towards buying and selling cryptocurrencies is to sign up for a safe and regulated exchange such as eToro.
For users with a Coutts account, we recommend signing up to eToro due to their user-friendly interface and wide range of digital assets.
Signing up is quick, easy and free of charge. After successfully signing up, you can easily connect your bank account and initiate your first GBP deposit.
Deposits made via bank transfers (ACH) are free of charge, while transfers made via credit/debit cards incur a small fee.
Once the funds have been deposited into your eToro account, you can start buying and selling cryptocurrencies such as Bitcoin, Ethereum, and Solana, among others.
1. Create Account: Signup and add your identity verification
2. Deposit Funds: Via your Coutts account or credit/debit card
3. Start Buying: Once your deposit has arrived in your account
Coutts is crypto-friendly in the sense that they allow customers to link their accounts to FCA-licensed exchanges.
Coutts does not have an explicit policy on cryptocurrencies but we can get some exposure to their thinking through articles they have written on the topic.
Mohammad Kamal Syed, Head of Asset Management, Coutts & Co wrote,
“Bitcoin is an entirely speculative asset, It has no intrinsic value in itself, and no real connection to the general economy. Other ‘stores of value’, like gold, have a well understood relationship to economic conditions and, particularly, inflation, based on a track record going back thousands of years. How Bitcoin is influenced by underlying economic conditions – if at all – is not well understood.”
Coutts is one of the oldest private bank and wealth manager in the world. It was founded in 1692 and is today part of NatWest wealth management division.
Coutts help their clients with wealth management and offer online Individual Savings Accounts (ISAs). Coutts is a wealth manager to a wide range of high-net-worth clients such as entrepreneurs, entertainers, sportsmen, professionals and executives.
Cash deposits held with Coutts & Co are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS). Coutts has over 2,500 employees, revenues of £690 million with over £34 billion in total assets.
+3000 Cryptos, Stocks, ETFs
0% Fees on Stocks & ETFs
30M Users & 140 Countries
FinCEN, FCA, CySec Regulated
