Is there a minimum contribution amount required to open an account?

Yes, there is a minimum contribution amount required to open an account with Scottish Friendly. The minimum contribution amount is £10 for regular monthly savings plans and £25 for single lump sum investments. This allows individuals to start saving and investing with Scottish Friendly at an affordable level. By offering these minimum contribution amounts, Scottish Friendly aims to make their products accessible and inclusive to a wide range of individuals. Whether someone wants to regularly save or make a one-time investment, they can open an account with Scottish Friendly with these minimum contribution amounts as a starting point.