On this page
What is Business Quick Deposit?
Business Quick Deposit (BQD) is a quick, easy and secure way for non-personal customers to pay in cash and cheques via the branch network without having to wait whilst the deposit is checked.
Notes, coins, and cheques are sealed in a uniquely barcoded tamper-proof wallet. This wallet can then be paid in at either our branch counter or at an Automated Deposit Unit (also known as a BQD machine) available in over 280 branches across the UK. With either option, an acknowledgement slip is provided which will enable you to verify that the wallet has been received safely.
You will receive same day credit for the stated cash value (if deposited at a branch before 3.30pm), and we will endeavour to count and notify you of any differences within five business days.
Is Business Quick Deposit right for me?
You might consider BQD if you:
- Are looking for a secure way to pay in money
- Want to save time when paying in at a branch
- Want same day value on cash deposits
- Are paying in an average of between £500 - £10,000 in cash and/or cheques
- Have been operating a non-personal bank account satisfactorily for longer than 90 days
What are the benefits of Business Quick Deposit?
Secure OpenClose
Secure
Quick OpenClose
Quick
Traceable OpenClose
Traceable
Automated Deposit Unit Locations
Useful Information
- Business Quick Deposit Fact Sheet (PDF, 121 KB)
- Paying In Guide (PDF, 7.7 MB)
- Business Quick Deposit log sheet (PDF, 30 KB)
If you are unable to apply for Business Quick Deposit via the quick and secure electronic method mentioned above, you may wish to complete and return this alternative paper application form to a branch or your normal bank contact.
How to prepare your banking
Watch our helpful video on how to prepare your cash banking to pay in quickly and easily using NatWest branch machines.