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RBS (Royal Bank of Scotland) Business Fees, Customer & App Reviews In 2025


By: Ian Wright | Last Updated: April 25, 2025

Is a RBS (Royal Bank of Scotland) business account right for you?

Read real customer reviews below along with more information about the various banking services RBS (Royal Bank of Scotland) offers to businesses.

RBS (Royal Bank of Scotland) Customer Reviews

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RBS (Royal Bank of Scotland) homepage

RBS (Royal Bank of Scotland) Reviews From Other Websites

RBS (Royal Bank of Scotland) Trustpilot Reviews

Review Score (out of 5) Percent 5-Star Reviews Percent 1-star Reviews Total Number of Reviews
1.30 7% 89% 838

Source: https://www.trustpilot.com/review/www.rbs.co.uk

RBS (Royal Bank of Scotland) iPhone & Android App Reviews

App Type Review Score (out out 5) Total Number of Reviews
iPhone 4.80 106,900
Android 4.30 81,700

Source:

https://apps.apple.com/gb/app/royal-bank-of-scotland/id334852412
https://play.google.com/store/apps/details?id=com.rbs.mobile.android.rbs&hl=en_GB

RBS (Royal Bank of Scotland) Basics

Bank Type High Street
FSCS Protection Yes, up to £85,000
Branch Locations UK-wide including the ability to use some Natwest locations
Card Type Mastercard
FCA Number 114724
Online Banking Yes
Mobile Banking Yes
In Person/Branch Banking Yes

Customer Support Options

Phone Support Available Yes
Email Support Available Yes
Support Via Their App Yes
Web Based Support Yes
In person Customer Support Yes

RBS (Royal Bank of Scotland) Business Account Types

Business Current Account Yes
Business Savings Account Yes
Business Credit Card Yes
Business Overdraft Yes
Accounts For Startups Yes
Accounts For Charities Yes
Accounts For Sole Traders Yes
Joint Business Accounts Available Yes

Opening A RBS (Royal Bank of Scotland) Business Account

Can You Apply Online? Yes
How Long Does Opening An
Account Typically Take?
5 to 7 Working days
Do They Check Your Credit? Yes
Current Account Switch Service Yes

Click to open a RBS (Royal Bank of Scotland) Business Account

RBS (Royal Bank of Scotland) Business Savings

Types of Business Savings Accounts Business reserve, Liquidity manager notice, Treasury reserve, Client deposit manager, Client account manager
Lowest Savings Rate (AER) 1.46%
Maximum Savings Rate (AER) 4.25%
Minimum Savings Amount No

Please note these numbers were accurate at the time of publication, but may have since changed. Click to here to see current RBS (Royal Bank of Scotland) rates

RBS (Royal Bank of Scotland) Fees & Charges

Free Business Bank Account Yes
Free Business Account Term Length 24 Months
Cheapest Monthly Account Fee Free
Most Expensive Monthly Account Fee Free
Electronic Payment Cost (in/out) 35p
Cash Payments Cost (in/out) 70p per £100
Cheques in/out 70p per item
CHAPS Payments Cost £20
SEPA Payments Cost 45p

RBS (Royal Bank of Scotland) Foreign Currency Accounts

US Dollar (USD) Bank Account Yes
Euro (EUR) Bank Account Yes
Interest Paid On Foreign Currencies Yes

Other Currencies Available:

  • Swiss franc
  • Japanese yen
  • Australian dollar
  • Canadian dollar
  • New Zealand dollar
  • Swedish krona

Other RBS (Royal Bank of Scotland) Business Services

Business Loans Yes
Commercial Mortgages Yes
Invoice Financing Yes
International Payments Yes
Merchant Services Yes
Card Machines Yes
Free Accounting Software Yes

Click to visit the RBS (Royal Bank of Scotland) website

For other business bank accounts see out guide here.

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