Foundation Current Account
Simple, straightforward business banking
The Foundation Account gives your business the banking facilities it needs to get properly established and grow.
If you're starting your first business and have no trading history, or if you have a poor credit history, our Foundation Account could be just what your business needs.
It provides straightforward, transaction-based business banking, giving you and your business time to establish a credit and trading record.
There are no borrowing facilities available with a Foundation Account.
Cost-effective business banking
The Foundation Account is available on our Standard Tariff. If you're a new business, you can benefit from our start-up 2 years free banking offer.
Easy account opening
Whether you're starting your first business, upgrading your account or switching from another bank, we help make it easy for you. You can apply at your local branch.
Switching made easy
For established businesses, our dedicated switching team will help you every step of the way.
A Foundation account includes:
- Business cheque book - so you can pay for business related expenses
- Paying-in book - for paying funds into your account
- Business Debit Card - Access your business current account to pay for goods and services in the UK and abroad wherever you see the Visa logo
- Standing orders and Direct Debits - Ideal for automatic payment of regular business bills such as electricity and phone
- Online and telephone banking - do your banking whenever and wherever it suits you
- Local branch network - use our local branch network to do your day-to-day banking
NatWest Business Account Charges (PDF, 220KB)
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Charging Periods
Charges for the services you've used are applied monthly or quarterly and you'll be given at least 14 days' notice of amounts to be charged, including details of our calculations.
If you have to pay account charges in any of the charging periods shown below (left hand column), we will debit them from your account on the dates in the right hand column.
| Monthly charging periods | Date taken from your account |
|---|---|
| 3 November - 30 November 2012 | 31 December 2012 |
| 1 December - 4 January 2013 | 31 January 2013 |
| 5 January - 1 February 2013 | 28 February 2013 |
| 2 February - 1 March 2013 | 28 March 2013 |
| 2 March - 28 March 2013 | 30 April 2013 |
| 29 March - 3 May 2013 | 31 May 2013 |
| 4 May - 31 May 2013 | 28 June 2013 |
| 1 June - 28 June 2013 | 31 July 2013 |
| 29 June - 2 August 2013 | 30 August 2013 |
| 3 August - 30 August 2013 | 30 September 2013 |
| 31 August - 4 October 2013 | 31 October 2013 |
| 5 October - 1 November 2013 | 29 November 2013 |
| 2 November - 29 November 2013 | 31 December 2013 |
| 30 November - 3 January 2014 | 31 January 2014 |
| Quarterly charging periods | Date taken from your account |
| 1 September - 30 November 2012 | 31 December 2012 |
| 1 December 2012 - 1 March 2013 | 28 March 2013 |
| 2 March - 31 May 2013 | 28 June 2013 |
| 1 June - 30 August 2013 | 30 September 2013 |
| 31 August - 29 November 2013 | 31 December 2013 |
| 30 November 2013 - 28 February 2014 | 31 March 2014 |
It's not our general policy to pay legal and valuation charges.
Apply now
Call us on
0800 096 5099
Minicom
0800 404 6161
Lines are open: Mon to Fri 8am-7pm
(excl. public holidays).
Calls may be recorded