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Business Bank Accounts

Beyond a bank account: giving your business the tools to thrive

NatWest business banking is available to eligible customers over 18. Eligibility criteria and Terms apply. 

Go further with our business essentials

Business Bank Account

Our premium solution for established businesses

For businesses who’ve been trading for over a year or less than a year with turnover more than £1m.

  • 2 years’ free banking on everyday transactions when your switch is completed.
  • Free access to FreeAgent accounting software, to make managing your taxes, cashflow and expenses easier. 
  • The freedom to manage your money with ease using our app, or online.
  • Businesses over £500k turnover get expert support from our Relationship Managers.
  • FSCS deposit protection (eligibility criteria apply).

 

In our experience your business could also benefit from:
 
  • A business credit card to manage your cashflow easily and securely. 
  • Fast, flexible loans could help your business grow.
  • Business overdrafts to prepare for the unexpected.
"

Business Bank Account

Our premium solution for established businesses

For businesses who’ve been trading for over a year or less than a year with turnover more than £1m.

  • 2 years’ free banking on everyday transactions when your switch is completed.
  • Free access to FreeAgent accounting software, to make managing your taxes, cashflow and expenses easier. 
  • The freedom to manage your money with ease using our app, or online.
  • Businesses over £500k turnover get expert support from our Relationship Managers.
  • FSCS deposit protection (eligibility criteria apply).

 

In our experience your business could also benefit from:
 
  • A business credit card to manage your cashflow easily and securely. 
  • Fast, flexible loans could help your business grow.
  • Business overdrafts to prepare for the unexpected.
"

Everything you need to grow, in one place

The below tools and products are available to both customers and non-customers.

"

FreeAgent: Accounting software for every small business

FreeAgent helps businesses and landlords manage their tax, cashflow and invoicing with smart tools and direct filing to HMRC - fully compatible with Making Tax Digital.

"

Free HR and Health & Safety tools with MentorDigital

Manage your people anywhere, anytime, on any device with free tools from MentorDigital.

Some Mentor services incur a cost.

 
 
 
"

Plan ahead, earn more with a savings account

Our savings accounts are designed to help your business grow by earning more interest while supporting smarter financial planning for the future.

Eligibility criteria and terms apply.

 

 

You could save more on card payments

Take card payments in person, online and over the phone with us. We build our pricing around your business with simple transaction fees based on your annual card turnover.

Eligibility, T&Cs and fees apply.

"

Free programmes and tools for your growth

Our Entrepreneur hub offers a range of programmes and tools, plus you could tap into a network of specialists and peers who could offer help and guidance as you grow.

You could save more on card payments

Take card payments in person, online and over the phone with us. We build our pricing around your business with simple transaction fees based on your annual card turnover.

Eligibility, T&Cs and fees apply.

"

Free programmes and tools for your growth

Our Entrepreneur hub offers a range of programmes and tools, plus you could tap into a network of specialists and peers who could offer help and guidance as you grow.

Switch to NW

Free banking on everyday transactions for 2 years when you switch to us

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

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. Not currently available for Mettle accounts.

Current Account Switch Guarantee (PDF, 40KB)

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

Apply for our Business bank account

Got 10 minutes to fill in your application? Lets get started.

Great, first let's check if you're eligible to apply.

  • You're aged 18 or over.
  • You're the owner or director of the business you’re applying on behalf of.
  • At least one person on the application must be a UK resident.
  • Your business must be registered for income tax or corporation tax purposes in the UK.
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree.
  • If your business turnover is over £2m, we'll ask you to provide evidence of this.


Important information
 

Business Account Terms (PDF, 255 KB)

Financial Services Compensation Scheme Guide (PDF, 45 KB)

Business Account Charges Booklet (PDF, 75 KB)

CHAPS and International Payments Tariff document (PDF, 50 KB)


Important things to consider before applying
 


Consider which account you need
 

During your application, you'll have to select the type of account you'll need:

  • Business Current Account - used for the day to day running of your business, OR
  • Loan Servicing Account - used ONLY for loan repayment purposes. You'll need this if you have a loan with us, but not your current account(s). 

Should you select the incorrect account, you will need to reapply choosing the correct option.

Which are you?
OK, so you're an existing customer. Is the bank account for...
Which statement best describes your organisation?
If your business turnover is over £2m, we'll ask to see evidence of this.

You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.


Apply by phone
 

Can’t apply online? You can complete your application via phone - discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

You can apply online

We'll ask to see evidence that your annual turnover is more than £2m. If you cannot provide this or you’ve been trading less than a year, go back and select the other option.

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.


Apply by phone
 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

Do you have a Relationship Manager?

Call your Relationship Manager

You should have a direct number for them. You can discuss applying for an additional business account. They can start the application for you and arrange to get the appropriate signatures.


When can I call?

Business and Relationship Managers are available 9am-5pm Monday to Friday.

No problem, we can still help.

You can use the form below to open an additional account.

Alternatively, you can call us on 0345 711 4477, or use the Relay UK Service: 18001 0345 711 4477.

More information on accessibility.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

Which statement best describes your organisation?
If your business turnover is over £2m, we'll ask to see evidence of this.

You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.


Apply by phone
 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

You can apply online

We'll ask to see evidence that your annual turnover is more than £2m. If you cannot provide this or you’ve been trading less than a year, go back and select the other option.

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.

Apply by phone

 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

Questions about this account?

Need more information before you apply?

Easy finance management

Visit our servicing hub for instant access to managing your business accounts, loans, credit cards and any other business service you have from NatWest.

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Info about charges

Benefit from our Standard Tariff with no minimum monthly charge. See our full list of business account charges:

Business Account Charges Booklet (PDF, 75 KB)

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FSCS protected

If both your business and the type of deposit held with NatWest are eligible, you could be protected up to a total of £120,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits above the limit are unlikely to be covered.

Financial Services Compensation Scheme Guide (PDF, 45KB)

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Business account terms

Read our Business account terms document.

 

Business Account Terms (PDF, 255 KB)

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Track or resume your application

Already started your application?
Log in to our online application centre or check your Business account status using the details you created when applying.

New to the online application centre?
Create a login now to get started.

Please note: Due to high demand, account opening may be delayed. We apologise for any inconvenience.

 

Something else we can help you with?