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Start up bank account

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

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

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

Need more information before you decide?

Read on for more account features and benefits.

Supporting female entrepreneurs

We’re committed to supporting female business leaders to achieve their ambitions by empowering them and breaking down barriers. Find out more about Women in Business programme and how to apply for the UK’s most exciting and accessible start-up programme for women.

UK residents with new UK projects can apply. Eligibility (including type of project), and specific criteria apply. Fees apply, see the help centre for more details.

Apply for our Business Credit Card to manage your expenses

No annual fee for the first year (normally £30)

56 days interest-free credit period on purchases

Free ClearSpend app gives you complete control of your account in real-time and lets employees check their balance on the go

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 set up and grow your business through our free Business Growth Events.

Simple charges with no minimum monthly charge

At the end of your 24 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)

Useful info about this account

Applying as an existing personal customer?

You can apply for a new business account as an existing personal customer if you meet the following criteria:

Your business was established before 1st March 2020

You operate your business solely through a RBS personal account

Unfortunately if you don’t meet these criteria, we are not able to accept your application.

Apply now

Thanks for choosing our Start up bank account. Let's get started.

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

Great, 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

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.

What if my business is based in England or Wales?

If your business will be based in England or Wales, please give us a call on 0345 307 0900.

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.

 

COVID-19: Application times

It's taking longer than usual to process new account applications. We're working hard to speed this up. Thank you for your patience.

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. 

No problem. We can still help

For businesses in Scotland, please call us on 0345 600 2230.

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.

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 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

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 Business accounts, we may offer you our Foundation account. There are no borrowing facilities available with a Foundation account

What if my business is based in England or Wales?

If your business will be based in England or Wales, please give us a call on 0345 307 0900.

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.

 

COVID-19: Application times

It's taking longer than usual to process new account applications. We're working hard to speed this up. Thank you for your patience.

We're currently prioritising account applications for existing RBS customers. Unfortunately this means we are not able to accept new applications for customers of other Banks.

You may be able to access support more quickly by contacting your current bank.

Additional support for your business

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.

Grow your business network

Meet with experts and like-minded businesses, as well as gain access to a wealth of free learning tools to set up and grow your business through our free Business Growth Events.

Something else we can help you with?