Business bank accounts

Put your business account in safe hands

Whatever stage your business is at, we’re here to help you thrive

We’ve been supporting businesses like yours for more than 50 years.

With our business accounts you can:

Bank anywhere. Online, on your mobile 24/7, or at our network of branches or local Post Office

Get help when you need it by talking to us through secure messaging in-app or online

Stay safe online. Our secure banking promise gives you financial protection

Get access to all banking and business services from one bank, including borrowing options (subject to status)

Use our accounting software, FreeAgent, to make invoicing, managing expenses and staying on top of your cashflow easy. FreeAgent has been named the UK's best bookkeeping software for SMEs*. An account is worth more than £150 per year** but is completely free for customers who retain their business account. Xero and QuickBooks can also integrate seamlessly with your bank account

Pay only for the transactions you use, there’s no monthly fee

*Voted the UK's best SME Accounts/Bookkeeping Software 2021, AccountingWEB Software Awards.
**Based on FreeAgent’s lowest tariff.

When you join the NatWest family, you’ll also get access to our experts

A Relationship Manager could help you take your business to the next level (subject to eligibility). You’ll also get access to our Accelerator high growth programmes and peer-to-peer networking.

Do you need help with areas like HR, health and safety or legal? Try our free MentorDigital service, which has a suite of tools, templates and training. Upgrade for expert consultancy support starting from £150*.

Looking to grow your professional network? Join the Business Builder Facebook community of more than 4,000 small business owners. You can also learn new skills through our online learning tool, or join our events.

Compare business bank accounts

New business with ambitions to grow?

Extra support from our start up account

For businesses trading less than a year

For accounts with turnover of less than £1m (if yours is more than that, then our business account could be a better fit for your business)

Save money with no transaction fees for the first 18 months (then Standard Tariff applies)

Connect with experts who could take you further and help achieve your goals sooner

Access to borrowing options (subject to status) if you need them

Existing business?

You could get more from our business account

For businesses who have a:

- turnover above £1m and have been trading for under or over a year,

- turnover below £1m and have been trading over a year

A simple charging model - only pay for certain transactions, unarranged borrowing, international payments and Bankline charges.

A Relationship Manager to look after your business

Grow your business with our specialist programmes

Access to borrowing options (subject to status)

Self-employed or side hustle?

Free mobile business account

For side hustlers, freelancers, sole traders with a balance of £50k and limited companies with a balance of up to £100k and up to 2 owners

100% free – no hidden costs or transaction fees

You won’t have access to credit or borrowing options

Not for profit, like a charity or club?

Community account

Existing NatWest personal or business banking customers are eligible to apply for free banking if your community account's annual credit turnover is less than £100,000 and remains at this level

Useful cheque and paying in books

Everyday support from texts and email alerts

Make banking easier by authorising up to four individual signatories

What you need to know before you apply...

Already started an application?

Log in and check the status of your application in our online application centre

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

What you need to open a business account

Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account. Find out what you’ll need to provide using the simple business banking checklist from UK Finance, the UK’s leading trade association for financial services.

See how our accounts compare

If you’d like to see how our Business Bank account products stack up against the others in the market, you can compare them at the following websites (suggested by the UK Government's Competition and Markets Authority): 

Swoop Funding

Funding Xchange

Funding Options

Alternative Business Funding

Switch to us from another bank

The Current Account Switch service will do all the work for you, moving everything across from your old account to your new account, all within 7 working days, including Direct Debits and standing orders. Simply apply for any of our business accounts and tell us you’re switching. Then choose which Switch service you need and give us your details.

Current Account Switch Guarantee (PDF, 40KB)

Your Guide to switching your account to us (PDF, 2.3MB)

How does the Switch service work?

Tyl by NatWest

Use our simple solution, Tyl, to take payments in-store, online or over the phone (eligibility and fees apply)

Have a look at some of our service measures

If you want to see how we have performed on key service areas, you can get a detailed view here.

How fees work for our business accounts

Business accounts can often seem complicated when it comes to charges. We’re here to help you find ways to save and learn more about what you’re charged for. And although NatWest start-up business account holders don’t pay transaction fees for the first 18 months anyway, it’s always worth understanding how you can reduce your charges after that period ends.

Useful info about our business accounts

Additional support for your business

It pays to have a business plan

Every successful business starts with a plan. We have six key do’s and don’ts and tips on how to write yours.

Five successful growth strategies

Our experts have put together five ways to help ensure your business is a success. We think its essential reading.

10 micro-improvements for your business

Small changes can make a big difference. We’ve got ten tips that we think every business should read.

Something else we can help you with?