Business deals legal information

Credit facilities: Over 18s only.

Advantage Business account

Monthly fee applies, £25 per month for a turnover of up to £100k per annum and £55 per month for a turnover of £100k-£250k. 5% discount on the Mentor Service is not applicable to the Mentor Tax Service or 1 month contracts.

Business Bonus Saver account

Gross is the interest paid before the deduction of tax. Receive the additional introductory bonus on your balance between 7 January and 6 July 2009. Introductory bonus is paid in addition to the standard quarterly bonus, regardless of the number of withdrawals made. The introductory bonus is not available to existing Bonus Saver account holders.

Business Insurance

If we are not already cheaper than your alternative quote, we will aim to beat your new business quote or existing insurer’s renewal premium by 5%. Your new business or renewal quote must provide cover on an equivalent basis and you must send us your new business or existing renewal documentation detailing cover and premium. Offer not available in Northern Ireland, to current policyholders of RBS Business Insurance Services Ltd or in respect of terrorism insurance. You must obtain a quote by 31 July 2009 and accept the quotation within the quote guarantee period. Renewal quotes will be calculated at the rate prevalent at that time. Offer only applies to businesses for which a quotation can be provided by NatWest Insurance Services. In the event that they are unable to provide a quotation, they may direct you to their panel of independent brokers. In this instance, this offer will not apply.

Committed Overdrafts and price promise

While we expect that most businesses will benefit from the certainty of a Committed Overdraft at a guaranteed rate, there will be some businesses that have such a change to their risk profile that this will not apply. We have to remain a responsible lender and for these businesses we will consider the risks associated with lending to them and set borrowing limits and pricing accordingly. The price promise only relates to the interest rate charged on the account. Standard fees apply. Committed Overdrafts are only available to businesses with up to £1 million turnover and subject to the borrower not having breached terms and conditions. Normal lending criteria and credit risk assessment applies. Associate arrangement fees will arise.

Life Protection

Provided by NatWest Life Assurance Ltd. Age restrictions and terms and conditions apply. All premiums must be paid to date at the end of the first policy year and second policy year to qualify for the cashback.

Mobile phone banking

If you’re on the Orange, Virgin or Vodafone networks, you may need to pay standard tariff rates for the data you download as part of the mobile phone banking service. Contact your network operator to find out more. You must have a Debit or ATM Card with your business account to register. For full terms and conditions visit www.natwest.com/businessmobile.

National Westminster Bank plc.
135 Bishopsgate, London EC2M 3UR.

April 2009