Start up bank account

24 months transaction fee free banking, then pay as you go (Standard Published Tariff after)

Banking designed to give your business the best possible start

24 months transaction fee free banking, then pay as you go

We won't charge you for day-to-day banking for the first 24 months. 

Only pay for unarranged borrowing, additional services, Bankline charges and international payments

After your free banking period ends, our standard tariffs will apply and there's no minimum monthly charge

Free accounting software with FreeAgent

As a RBS Business customer, you can apply for FreeAgent here

Hassle free. Link your business bank account directly with FreeAgent 

Take control. Invoices, expenses and bank accounts in one place

FreeAgent software is free for RBS business customers

Get your business ready to start, scale and succeed

Apply to Business Builder to access online business learning modules

Join the Business Builder’s digital community and learn from experts and like-minded businesses

Have access to our comprehensive programme of networking events in your local region

Access your account however it suits you

Choose from the different ways to bank with us

Most banking activities available through Digital Banking

Mobile Banking app

UK based telephone banking lines open 24/7, 365 days a year

Simple charges with no minimum monthly charge

At the end of your 18 month free banking period, you'll move onto our Standard Tariff. See our full list of business account charges:

Business account charges booklet (PDF, 550kb)

Summarised business account charges booklet (PDF, 81kb)

Switch to Royal Bank

The Current Account Switch Service will do all the work when it comes to switching, moving everything across from your old account all within 7 working days, including Direct Debits and standing orders. All you need to do is tell us the details of your old bank account and when you want the Switch to start.

Current Account Switch Guarantee (PDF, 39KB)

Your Guide to switching your account to us (PDF, 626KB)

How does the switch service work?

Ready to apply?

Great, thanks for choosing our account. Let's get started. Are you a…

Great, please make sure you're eligible to apply

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in the UK, Channel Islands, Isle of Man or Gibraltar or you should be registered for tax purposes in one of those jurisdictions
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree

Here's the information you'll need during the application...

Personal details

  • Full name, date and place of birth
  • Home addresses (and the date you moved there)
  • Contact details
  • Personal details for any directors, partners, members or signatories.

Business details

  • Trading and any registration addresses
  • Business contact details
  • Information about your business activity and number of employees
  • Any other trading names your business uses
  • Details of when your financial year ends

Registration for tax purposes

  • Details of any countries you (or your business) are registered in

Year-end accounts

  • Details of your business’s or cash flow forecasts

Limited companies only

  • Your registered company number

Please make sure your Limited Company has already been registered with Companies House for at least 48 hours before starting your application with us.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Thanks! Looks like you’re all set and ready to begin

By starting your application, you confirm that you're giving us consent to run a credit check on you and any other people listed on your application.

If you’re not eligible for our Startup or Business accounts, we may offer you our Foundation account. There are no borrowing facilities available with a Foundation account.

For customers in England and Wales only, please give us a call on 0345 307 0900

Relay UK Service: 18001 0345 307 0900

For more information on accessibility, visit: https://www.business.rbs.co.uk/business/accessibility.html

Mon to Fri 9am-5.30pm (excl. public holidays)

To see how much your call might cost, visit the call charge information page

 

Sorry, our online application is unavailable at the moment

If you need to speak to someone urgently, please call us

Relay UK Service: 18001 0345 600 2230

Mon to Fri 9am-5.30pm (excl. public holidays)

For more information on accessibility, visit: https://www.business.rbs.co.uk/business/accessibility.html

Calls may be recorded for training and monitoring purposes.

To see how much your call might cost, visit the call charge information page

OK so you're an existing customer. Is the bank account for...

Great, we know you've been through this before but please make sure 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
  • Your registered business address must also be in the UK, Channel Islands, Isle of Man or Gibraltar or you should be registered for tax purposes in one of those jurisdictions
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree

Here's the information you'll need during the application...

Personal details

  • Full name, date and place of birth
  • Home addresses (and the date you moved there)
  • Contact details
  • Personal details for any directors, partners, members or signatories.

Business details

  • Trading and any registration addresses
  • Business contact details
  • Information about your business activity and number of employees
  • Any other trading names your business uses
  • Details of when your financial year ends

Registration for tax purposes

  • Details of any countries you (or your business) are registered in

Year-end accounts

  • Details of your business’s or cash flow forecasts

Limited companies only

  • Your registered company number

Please make sure your limited company has already been registered with Companies House for at least 48 hours before starting your application with us.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Thanks! Looks like you’re all set and ready to begin

By starting your application, you confirm that you're giving us consent to run a credit check on you and any other people listed on your application.

If you’re not eligible for our Startup or Business accounts, we may offer you our Foundation account. There are no borrowing facilities available with a Foundation account.

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 Startup business account with them. They can start the application for you and arrange to get the appropriate signatures. 

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

No problem. We can still help

Relay UK Service:

18001 0345 600 2230 (Scotland)

18001 0345 307 0900 (England and Wales)

Mon to Fri 9am-5.30pm (excl. public holidays)

For more information on accessibility, visit: https://www.business.rbs.co.uk/business/accessibility.html

Calls may be recorded for training and monitoring purposes.

To see how much your call might cost, visit the call charge information page.

Sorry, our online application is unavailable at the moment

If you need to speak to someone urgently, please call us

Relay UK Service: 18001 0345 600 2230

Mon to Fri 9am-5.30pm (excl. public holidays)

For more information on accessibility, visit: https://www.business.rbs.co.uk/business/accessibility.html

Calls may be recorded for training and monitoring purposes.

To see how much your call might cost, visit the call charge information page