Please visit the Bounce Back Loan Scheme (BBLS) for more information. Arranged overdraft available (subject to eligibility). Visit today to see how we can serve you. Mobile App available to customers with Digital Banking, compatible iOS and Android devices and a UK or international mobile number in specific countries. This option is available online if your current loan account number starts with ‘100’, the loan is held in your sole name and you hold only one existing Bank of Scotland loan. Over 18s only. British Business Bank. And what we expect from you in return. Our extensive personal banking products include bank accounts, mortgages, credit cards, loans and more. Your Treasurers' Account(s) will cease to be designated Treasurers' Account(s) and these Terms and Conditions will cease to apply. If you carry on applying, it means you're happy with what's in these documents, including the FSCS information sheet. Start using your new account. Product fees may apply. Eligibility criteria applies. You'll get our highest interest rate when you save between £1-£50 by standing order each month, on balances up to £1000. We know what it takes to run a business, and we're here to help yours grow. Free day-to-day business banking includes cheques, standing orders, cash, UK Sterling Direct Debits, deposits and withdrawals. Business and Relationship Managers are available 9am-5pm Monday to Friday. It's important for you to understand how we use and share your information. If you're an existing Royal Bank of Scotland customer, you can apply via the Royal Bank of Scotland mobile app. (PDF, 150KB). The Royal Bank of Scotland Headquarters is located in Edinburgh, United Kingdom & was Founded in the year of 1727. 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. You can discuss applying for an additional Startup business account with them. The following application is for New Business Banking Customers only - if you wish to open a new account for an existing Business Account please contact - call DIRECT BANKING FOR BUSINESS 0345 6002230. Available once opted in via the app (to customers aged 18+ with a UK address - provided by TransUnion). If you don't pay it back, it could have an impact on your credit score. Download PDF (45 KB)     Send in the post. To see whether you're eligible for this type of current account you need to first apply for one of our other accounts like our Select bank account. It is available for businesses who started trading within the past twelve months with projected or existing annual turnover not exceeding £1 million. We have a team of specialists that can answer your questions depending on your expected yearly turnover. We've just added Digital Regular Saver to our range of savings accounts. Royal Bank of Scotland’s (RBS) incentivised switching scheme, also known as the ‘Business Banking Switch’, is for selected business banking customers and launched on 25th February 2019. Thank you for choosing a Royal Bank of Scotland Business Account. FreeAgent is an accounting software specifically designed to meet the needs of small businesses, freelancers and accountants. Please read this short summary before you continue with your application. The start up offer provides customer with a free banking and is available for 24 months. Personal details for any directors, partners, members or signatories. UK residents with new UK projects can apply. The results represent the view of customers who took part in the survey. If you are in any doubt about whether this loan is right for you, you should take legal advice. Just select 'Apply', choose the account you would like and follow the on-screen instructions. Please contact us on the numbers below. The quickest way to open your account is online. Relay UK Service: 18001 0345 600 2230 (Scotland). The scheme allows eligible RBS customers to make an incentivised switch from RBS to a participating bank. Royal Bank of Scotland (RBS) has given business customers another six months to switch their accounts to other banks under the terms of its financial crisis state aid package. We will also want to know if you want to transfer the old account or leave it open. This might be because you’re bankrupt, in financial difficulty, or if we’re not able to obtain information about your credit history. British Business Bank. Visit today to … With 24/7 access to business advisors, financial advice, industry expertise, and more, RBC Royal Bank can help you with all your business banking needs. You’ll also need your business details, including your Company’s Registration Number (provided by Companies House) if you’re a limited company. You can also withdraw up to £500 per day at Post Office counters. Show navigation menu. Charges for unarranged borrowing, additional services, Bankline and international payments are not part of the free banking offer. All we ask is that you operate your account in credit or within agreed limits. Please choose an option below to continue. If you are looking to open a Start up 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. We have a team of specialists that can answer your questions depending on your expected yearly turnover. See our full list of business account charges: Business account charges booklet (PDF, 550kb), Summarised business account charges booklet (PDF, 81kb). So have these ready. We offer bank accounts for all types of needs - from basic to packaged bank accounts. Visit site. We will give you 2 months’ prior written notice of any such change. 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. The account … Who this guide is for. At the end of your 24 month free banking period, you'll move onto our Standard Tariff. If you are only given the option to take out a separate new loan then you are not eligible to apply online to combine your new and existing borrowing into a single loan. 2. Joint accounts If you're looking to share your account with another, a joint bank account could make sense. If you’d like to enrol your business account for Online Banking, you’ll need your RBC Royal Bank Business Client Card. You’ll need the personal details of all of the partners, members or directors of the business (including their home addresses for the last 3 years). It is available for eligible customers who are over 18 and have the right to be self-employed in the UK. Choose a current account. Assumed credit limit: £1,200. You do not have all your regulatory returns up to date at OSCR and Companies House. Log in to Digital banking and download our mobile app to bank on the go. Royal Bank of Scotland (RBS) Bank Personal Loan application status through net banking If you are an existing customer, you have an added advantage. Important basic info about the bank. And ask you a few questions up front. No interest paid on balances over £5,000. Calls may be recorded for training and monitoring purposes. Whatever you need, RBC Royal Bank has a wide range of personal banking products, services and tools to help you manage your finances, save for retirement, buy a home and much more. How do I open a Community Account? check the status of your account opening process, receive latest updates about your application, find out more about your main account and other accounts, including deposit accounts, Use the same details that you created when you applied for your business account to log in, If you haven’t already set up access to your online application centre, create a login. Applications for our Business credit card are subject to approval. You don’t need to visit a branch to start a Community Account application, but you can find out more about the account (including what you need to. We are committed to having a motivated and inclusive workforce who are engaged and … It's important for you to understand how we use and share your information. And happy to view your statements in Digital Banking - not posted. At the end of the 24 months, you automatically go on to the Standard Published Tariff. 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