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
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
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
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
The Start up account is available for businesses that have been trading for less than 1 year and have a turnover of less than £1m. It is available for eligible customers who are over 18 and have the right to be self-employed in the UK. We reserve the right to change or withdraw the start up offer without prior notice.
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:
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)