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Business bank accounts

Accomplish more with our Business bank account

Extraordinary business banking.

Our Business bank account. Built for success.

Our account for businesses with turnover above £1m. Or, for businesses with turnover below £1m who have been trading for over a year.

No minimum monthly charge. Only pay for what you use.

24/7 banking. Online, on the phone and via the app.

Get a dedicated Relationship Manager (turnover and eligibility criteria apply).

Free Making Tax Digital-compatible accounting software, FreeAgent

FSCS deposit protection (eligibility criteria apply).

RBS business banking is available to eligible customers over 18. Eligibility criteria and Terms apply. Click apply now for more information.

FreeAgent is free subject to client retaining their RBS business banking current account. Optional add-ons may be chargeable. Digital Banking available to customers with a Royal Bank of Scotland account. App available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries.

There's also:

Lending and cash management

Finance is subject to status. Security may be required. Product fees may apply.

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Specialist business support

  • Personalised service and specialist products and services to develop your business (eligibility criteria apply)
  • A dedicated Relationship Manager - a single point of contact to look after your business banking needs (turnover and eligibility criteria apply)
  • Access to Bankline (criteria and fees may apply)
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Grow your business with Royal Bank Accelerator

  • Our free Accelerator community provides wide ranging in‑person and digital support to thousands of business owners to help you grow your business.

  • With hubs and events across the UK, you can connect with other business owners, access co-working space and upskill with training and coaching on topics like securing funding or increasing sales.

  • Download our free NatWest Accelerator app from your app store (for all NatWest Group customers) or visit our Accelerator page by clicking here.

Switch to RBS

Free banking on everyday transactions for 2 years when you switch to us

If you've got an annual turnover of up to £2m and switch your business account to us using the full Current Account Switch Service, we'll give you 2 years of free banking on everyday transactions.

Everything will be moved across from your old account to your new account for you, all within 7 working days, including Direct Debits and Standing Orders.

Current Account Switch Guarantee (PDF, 60KB)

Your Guide to switching your account to us (PDF, 532KB)

Switch offer is not available to customers switching from NatWest or Ulster Bank to a Royal Bank of Scotland business current account. Not currently avaliable for Mettle accounts.

How does switching work? Open in new window
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Free banking on everyday transactions means the charges for the day to day running of your account (known as your service charges) won’t apply during the free banking period. At the end of this period, you’ll be automatically moved to the  Standard Tariff. Charges for unarranged overdrafts, Bankline, international payments and any additional services are not part of the free banking offer. For details of our full charges and switch offer terms and conditions, please refer to the 'Simple charges' section of this page. 

Apply for our Business bank account

Got 10 minutes to fill in your application? Let's get started. 

Continue

Great, first let's check if you're eligible to apply.

  • You’re aged 18 or over
  • You’re the owner or director of the business
  • At least one person on the application is a UK resident
  • Your business is registered for UK income or corporation tax
  • You haven’t been declared bankrupt or received a County Court Judgement or Court Decree

 

If your business is based in England or Wales

 

Next, review the information below

 

Take a moment to read each section, including the documents under ‘Important documents’. You’ll be asked later to confirm that you’ve read and understood these documents.

 

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Which are you?
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OK, so you're an existing customer. Is this new bank account for...
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Which option best describes your business?
If your annual turnover is over £2 million, you’ll need to provide evidence of this when you apply. If you can’t provide this, select the first option.
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Apply online in minutes

What you’ll need

  1. We’ll need a few details about your business
  2. We may use our partner Mitek to check your identity. You can see which documents are accepted on our Mitek page.
  3. Once we have everything, we’ll review your application and get in touch.

By starting an online application, you agree to:

  • Identity checks via Mitek
  • A credit check for everyone on the application

Prefer to call us?

You can call us to start your application - Discover how you can get in touch.

After the call, you’ll need to take your documents into a branch or to a professional service provider to verify your identity.

Please bear in mind you may need to wait a few days for an appointment.

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Apply online in minutes

What you’ll need

  1. We’ll need a few details about your business
  2. We may use our partner Mitek to check your identity. You can see which documents are accepted on our Mitek page.
  3. Once we have everything, we’ll review your application and get in touch.

By starting an online application, you agree to:

  • Identity checks via Mitek
  • A credit check for everyone on the application

Prefer to call us?

You can call us to start your application - Discover how you can get in touch.

After the call, you’ll need to take your documents into a branch or to a professional service provider to verify your identity.

Please bear in mind you may need to wait a few days for an appointment.

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Do you have a Relationship Manager?
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Continue

Call your Relationship Manager

You should have a direct number for them. You can discuss applying for an additional business account. They can start the application for you and arrange to get the appropriate signatures.


When can I call?

Business and Relationship Managers are available 9am-5pm Monday to Friday.

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No problem, we can still help.

You can use the form below to open an additional account.

Alternatively, you can call us on 0345 600 2230, or use the Relay UK Service: 18001 0345 600 2230.

More information on accessibility.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

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Additional account opening form
Which statement best describes your organisation?
If your business turnover is over £2m, we'll ask to see evidence of this.
Previous
Next

Apply online in minutes

What you’ll need

  1. We’ll need a few details about your business
  2. We may use our partner Mitek to check your identity. You can see which documents are accepted on our Mitek page.
  3. Once we have everything, we’ll review your application and get in touch.

By starting an online application, you agree to:

  • Identity checks via Mitek
  • A credit check for everyone on the application

Prefer to call us?

You can call us to start your application - Discover how you can get in touch.

After the call, you’ll need to take your documents into a branch or to a professional service provider to verify your identity.

Please bear in mind you may need to wait a few days for an appointment.

Previous

Apply online in minutes

What you’ll need

  1. We’ll need a few details about your business
  2. We may use our partner Mitek to check your identity. You can see which documents are accepted on our Mitek page.
  3. Once we have everything, we’ll review your application and get in touch.

By starting an online application, you agree to:

  • Identity checks via Mitek
  • A credit check for everyone on the application

Prefer to call us?

You can call us to start your application - Discover how you can get in touch.

After the call, you’ll need to take your documents into a branch or to a professional service provider to verify your identity.

Please bear in mind you may need to wait a few days for an appointment.

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Already started an application?

Log in to continue or check the status of your Business bank account application in our online application centre.

You can use the same details that you created when you applied for your business account. If you haven’t already set up access to your online application centre, you can create a login now.

Questions about this account?

Need more information before you apply?

Easy finance management

Visit our servicing hub for instant access to managing your business accounts, loans, credit cards and any other business service you have from Royal Bank.

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Manage my business finances Open in new window

Simple charges

Benefit from our Standard Tariff with no minimum monthly charge. See our full list of business account charges:

Business Account Charges Booklet (PDF, 78 KB)

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FSCS protected

If both your business and the type of deposit held with Royal Bank of Scotland are eligible, you could be protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits above the limit are unlikely to be covered.

Financial Services Compensation Scheme Guide (PDF, 713KB)

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Business account terms

Read our Business account terms document.

Business Account Terms (PDF, 318 KB)

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Ways to save on your account charges

We're all for saving money (banks generally are) and you probably are too, so here are some of our tips for reducing your account charges during your day-to-day banking. 

Start saving on account fees Open in new window

Business savings accounts

Make your money work as hard as you do with a Business Savings account. 

Eligibility criteria apply. 

View all business savings accounts Open in new window

Something else we can help you with?