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Business bank account
An account with useful features for all types of businesses
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There's no minimum monthly charge with this account
No minimum monthly charge - only pay for what you use
Just pay for certain transactions, unarranged borrowing, international payments and Bankline charges
See the full list of business account charges (PDF, 150KB)
Free accounting software with FreeAgent
Link your business bank account directly with FreeAgent
Invoices, expenses and bank accounts in one place
FreeAgent is free for RBS business customers
As a RBS Business customer, you can access and apply for FreeAgent
These business current accounts are for businesses that are over 1 year old. RBS business banking is available to eligible customers over 18, who have the right to be self employed in the UK. FreeAgent is free subject to client retaining their RBS business banking current account.
Need more information before you decide?
Read on for more account features and benefits.
Grow your business network
Apply to meet with experts and like-minded businesses, as well as gain access to a wealth of free learning tools to grow your business through our fully funded Entrepreneur Accelerator programme and free Business Growth Events.
Lending and cash management solutions
Find out more and apply for our comprehensive range of flexible borrowing options to help fund and grow your business.
Our full range of saving options are also here to help you stay on top of your finances. Learn more and apply.
Security may be required. Product fees may apply.
Turnover over £2m?
If your business has a turnover of over £2m, you'll get a personalised service, local knowledge and access to specialist products and services that can help you control your cash flow and develop your business for the future.
A dedicated Relationship Manager
A single point of contact, so when you bank with us, we provide a dedicated, accredited Relationship Manager to look after your business needs
24/7 banking via Bankline
Our flexible, premium digital banking service lets you manage multiple accounts
Simple charges with no minimum monthly charge
See our full list of business account charges:
Government backed loan schemes
If you are looking to open a Business account in order to apply for the government-backed Bounce Back Loan Scheme, please note you will only be eligible for this loan with RBS if:
You were an existing RBS Personal or Business customer on or before 4 May 2020
You can evidence that your business was established before 1 March 2020
You can certify that your business has been adversely impacted by Coronavirus
You're a UK resident with a business or registered charity based in the UK
The Bounce Back Loan Scheme is provided through a government scheme and does not benefit from the same level of consumer protection as our other loans. If you are in any doubt about whether this loan is right for you, you should take legal advice. Over 18s only. Subject to status. Business use only. Eligibility criteria applies.
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, 60KB)
A Guide to Switching Current Accounts (PDF, 532KB)
Ways to bank
Choose the most convenient and easiest way for you to bank. We offer Digital Banking, Mobile Banking and Bankline. Business banking at its best.
Tax-record keeping, VAT and more
Does the mere mention of those items give you sweaty palms and a feeling of dread? We’re on hand to help you.
Boost your business
Ready to take your business to the next level? Our Business Growth Enablers will help boost your connections, your skills and your knowledge.