Community Account Rates and Fees
Subject to status, you'll pay nothing for deposits and withdrawals if your organisation's annual turnover is less than £100,000 - otherwise the following standard tariff will apply.
Standard menu tariff
This tariff is ideal if you pay in money on a regular basis and want to earn an attractive rate of interest. You pay only for the services you use, plus a basic monthly account maintenance charge.
Rates and fees
| Banking method | Standard menu tariff |
|---|---|
| Payments out: manual | 67p each |
| Payments out: standing order | 45p each |
| Payments out: Direct Debits | 40p each |
| Payments out: other automated debits | 40p each |
| Receipt in: manual/automated | 72p/22p each |
| Cash in: branch | 63p per £100 |
| Cash out: Branch | 63p per £100 |
| Cash exchange | £1.75 per £100 |
| Cheques paid in: branch | 31p each |
| Autopay payments | 45p each 1 |
| Businessline Bill or Direct Payment Service | 40p each |
| Telephone Faster Payment | 40p each |
| Internet Faster Payment | 40p each |
| Night safe deposits | £2 each |
| Account maintenance charges | £6.00 per month |
| Minimum charge per month | £10.00 per month |
Charges are applied monthly calculated on the services you've used. You'll be given around 14 days' notice of amounts to be charged, along with details of our calculations.
Charges for other services are available on request.
It's not our general policy to pay legal and valuation charges. Details of our competitors' pricing can be found on the British Bankers' Association (BBA) web site www.bba.org.uk
Charges for additional services
| Management time, statements, returned cheques inwards and letters about your loans or overdraft | no charge |
| Stopping payment instructions (eg. cheque 2) | £10 |
| Obtaining a special cheque clearance | £15 |
| Credit opened | £12 to set up |
| Duplicate records (eg. copy of statement) | £5 |
| Certificates of balance | £8 each |
| Business audit certificates | £27.50 ex VAT (free for clubs, societies and charities) |
| Banker's opinion | £8.50 |
| CHAPS | £23 (to pay into another UK bank) £21 (to pay into another NatWest branch) |
| Obtaining a banker's draft | £12 each |
Unarranged borrowing
Customer’s returned items
Unpaid Item Fee
An Unpaid Item Fee of £35 (subject to a maximum of £140 per day) will be payable if:
- you informally request an overdraft by issuing instructions for a withdrawal or other payment; and
- the payment cannot be met from the funds in your account or any unused arranged overdraft; and
- we decide in our discretion not to make the payment. The fees are charged on the day we decide not to make the payment.
Paid Referral Fee
A Paid Referral Fee of £30 will be payable if:
- you informally request an overdraft by issuing instructions for a withdrawal or other payment; and
- the payment cannot be met from the funds in your account or any unused arranged overdraft; and
- we decide in our discretion to make the payment so that an unarranged overdraft is created or increased.
We only charge one Paid Referral Fee per day, even if more than one item is paid from your account on that day. The total fee for a calendar month, capped at £180 per month, will be debited to your account on the sixth business day of the month after the month in which the transactions took place. The Paid Referral Fee is payable in addition to interest.
User guides
Starting Up
Basic Management
Marketing
Managing Finance
eBusiness
1 Autopay allows you to make regular automated payments from your account if the amounts or dates are the only things that change. We split the service into two parts. The first part is taking the payment from your account. This is considered to be a 'Payment out - manual' (or a 'Payment out - automated' if you use NatWest Bankline). The second part is paying the amount into the payee's account. This is charged as 'Autopay payments'.
2 Unless the cheque is lost or stolen