Which RBC Brewin Dolphin accounts accept US citizens
Last checkedRBC Brewin Dolphin has been checked for US citizens across 3 account types. All 3 are closed to a US person.
At a glance
| Account type | Verdict | Accounts | Updated |
|---|---|---|---|
| Stocks & shares ISAs | Declines US citizens | — | |
| Brokerage accounts | Declines US citizens | — | |
| SIPPs | Declines US citizens | — |
Brokerage accounts
Compare with other providersThe client terms say it may not provide services if you are or become a US person, and reserve the right to withdraw them if you become one, with US person defined to include any citizen or resident of the States. The site disclaimer adds that no offer is made to any US person.
FSCS £85,000 investment cover · US persons excluded by the client terms
Source: RBC Europe Limited retail client terms, clause 121, 2026-08-17 (opens in a new tab) RBC Brewin Dolphin's own page (opens in a new tab)
It manages portfolios inside third party pensions, and the same clause bars US citizens from every service its terms cover, wealth management and discretionary management included. Its website disclaimer repeats that US persons are excluded from the products offered.
FSCS £85,000 investment cover · US persons excluded firm-wide · SIPP provided by a third party
Source: RBC Europe retail client terms, clause 121, 2026-08-17 (opens in a new tab) RBC Brewin Dolphin's own page (opens in a new tab)
Account names link to the provider's own site. No link on this page is paid. How Momo makes money. Every institution, A to Z.
Why this is the rule
PFIC
Almost every UK-domiciled fund is a PFIC, taxed by the US at punitive rates with heavy filing. This is why US citizens hold individual shares, not UK funds.
TaxISA US tax
The IRS does not recognise the ISA wrapper. Cash ISA interest and stocks ISA gains are taxable on your US return, and fund holdings drag in PFIC rules.
TaxFATCA
Do UK banks report your account to the IRS? Yes, through HMRC, under FATCA. It is a reporting law, not a tax. Where it bites is access.
TaxSIPP US tax
The US Treasury reads the treaty as leaving UK SIPP growth untaxed until drawn; the treaty's wording is narrower. Contributions, growth and drawdown explained.