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Business bank accounts

Compare our business bank accounts

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Already a business customer?

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

With NatWest business accounts, you'll get:

  • Free accounting software to simplify invoicing and cashflow, with FreeAgent (free for customers who retain their business account, specific account eligibility apply)
  • Access to borrowing options that could help you grow (Security may be required. Product fees may apply. Over 18s only. Subject to status, business use only, not available to Mettle customers)
  • The ability to bank anywhere – online, on your mobile 24/7, or at our network of branches or local Post Office (branch and Post Office banking not available to Mettle customers)
  • Help when you need it by talking to us through secure messaging in-app or online

Free everyday banking for 24 months when you switch your business account to us

If you've got an annual turnover of up to £2m and switch your account to us using the full Current Account Switch Service, we'll give you 24 months of free business banking.

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.

Switch offer is not available to customers switching a Royal Bank of Scotland or Ulster Bank business current account to NatWest. 

Current Account Switch Guarantee (PDF, 40KB)

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

How does switching work?

Free banking means the charges for the day to day running of your account (known as your service charge) won’t apply during the free banking period. Charges for unarranged borrowing, Bankline, international payments and any additional services are not part of the free banking offer. At the end of the free banking period, you’ll be automatically moved to the Standard Tariff. Offer can be withdrawn or amended at any time. Not currently available for Mettle accounts.

Which business bank account is right for you?

The below products are available to eligible customers, over 18 who have the right to be self employed in the UK. Specific account and service eligibility criteria apply.

App available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries. 

Our business bank account for start-ups

New business? A NatWest account with extra support for your start-up, plus free banking on everyday transactions for 24 months*

For businesses trading less than a year with turnover of less than £1m 

Free programmes that could help you grow and support that could help you run your business better (some services available to customers and non-customers)

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

*Charges for unarranged borrowing, Bankline, international payments and any additional services are not part of the free banking offer. At the end of your 24-month free banking period, you’ll start to incur fees for your everyday transactions. We reserve the right to change or withdraw the start up offer without prior notice.

See our Start-up account

Existing business?

A NatWest account for big ambitions, with no minimum monthly charge - only pay for what you use

For businesses with turnover above £1m trading under or over a year, or turnover below £1m trading for over a year 

A dedicated Relationship Manager to look after your business (turnover and eligibility criteria apply)

Explore our Business account

Self-employed?

Free mobile business bank account

For sole traders or limited companies with up to two owners who have a balance of less than £100k (£50k for sole traders), and are a UK-based company with owners who are UK residents (eligibility criteria apply)

100% free – no hidden costs or transaction fees

You won’t have access to credit or borrowing options

To get FreeAgent for free, all you have to do is make at least one transaction a month from your Mettle account. If you don’t make one transaction a month, or if your Mettle account is closed and you continue to use FreeAgent then the FreeAgent fees will apply.

Discover Mettle

Charity, club or other non-profit?

Learn about our NatWest 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

Everyday support from texts and email alerts

Authorise up to four individual signatories

See our Community account

What you need to know before you apply for a NatWest bank account...

Already started a NatWest 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 NatWest business bank 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 business bank 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. 

Current Account Switch Guarantee (PDF, 40KB)
 

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

How does the Switch service work?

 

The Current Account Switch service is not currently available for Mettle.

Business savings accounts

We’ve raised our rates across our savings account range. As an example, our Liquidity Manager 95-day Notice Account now has an interest rate of 4.25%/4.17% AER/Gross p.a. (variable).

Eligibility criteria apply. Interest rates are subject to variation. Early withdrawals from the Liquidity Manager Notice Accounts are not permitted. 

View all business savings accounts

Tyl by NatWest

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

Explore Tyl

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.

NatWest performance indicators (PDF, 58KB)

How fees work on our business bank 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 24 months anyway, it’s always worth understanding how you can reduce your charges after that period ends.

Some ways to manage your account charges

Useful info about our NatWest 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.

More about business plans

Five successful growth strategies

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

See our growth strategies

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.

Read our 10 tips for improvement

Something else we can help you with?