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Business bank accounts

Accomplish more with our Business bank account

Our Business bank account. Built for success.

Our account for businesses with turnover above £1m. Or, for businesses with turnover below £1m who have been trading for over a year.

No minimum monthly charge. Only pay for what you use.

24/7 banking. Online, on the phone and via the app.

Get a dedicated Relationship Manager (turnover and eligibility criteria apply).

Free accounting software from FreeAgent included.

FSCS deposit protection (eligibility criteria apply).

NatWest business banking is available to eligible customers over 18. Eligibility criteria and Terms apply. Click apply now for more information.

FreeAgent is free subject to client retaining their NatWest business banking current account. Optional add-ons may be chargeable. Online Banking available to customers with a NatWest account. App available to customers with compatible iOS and Android devices and a UK or international mobile number in specific countries.

There's also:

Lending and cash management

Finance is subject to status. Security may be required. Product fees may apply.

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Sprint ahead with Accelerator

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Specialist business support

  • Personalised service and specialist products and services to develop your business (eligibility criteria apply)
  • A dedicated Relationship Manager - a single point of contact to look after your business banking needs (turnover and eligibility criteria apply)
  • Access to Bankline (criteria and fees may apply)
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Switch to NW

Free banking on everyday transactions for 2 years when you switch to us

If you've got an annual turnover of up to £2m and switch your business account to us using the full Current Account Switch Service, we'll give you 2 years of free banking on everyday transactions.

Everything will be moved across from your old account to your new account for you, all within 7 working days, including Direct Debits and Standing Orders.

Switch offer is not available to customers switching a Royal Bank of Scotland or Ulster Bank business current account to NatWest. Not currently available for Mettle accounts.

Current Account Switch Guarantee (PDF, 40KB)

Your Guide to switching your account to us (PDF, 2.3MB)

How does switching work? Open in new window

Free banking means the charges for the day to day running of your account (known as your service charges) won’t apply during the free banking period. Charges for unarranged overdrafts, Bankline, international payments and any additional services are not part of the free banking offer. At the end of the free banking period, you’ll be automatically moved to the Standard Tariff. Not currently available for Mettle accounts.

Apply for our Business bank account

Got 10 minutes? Let's get started. 

Continue

Great, first let's check if 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.
  • At least one person on the application must be a UK resident.
  • Your business must be registered for income tax or corporation tax purposes in the UK.
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree.
  • If your business turnover is over £2m, we'll ask you to provide evidence of this.

Important information

 

Business Account Terms (PDF, 255 KB)

Business Account Charges Booklet (PDF, 70 KB)

Financial Services Compensation Scheme Guide (PDF, 45 KB)

 

Important things to consider before applying

 

 

Consider which account you need

 

During your application, you'll have to select the type of account you'll need:

  • a Business Current Account - used for the day to day running of your business, OR
  • a Loan Servicing Account - used ONLY for loan repayment purposes. You'll need this if you have a loan with us, but not your current account(s). 

Should you select the incorrect account, you will need to reapply choosing the correct option.

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Which are you?
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OK, so you're an existing customer. Is the bank account for...
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What is your estimated annual turnover?
If your business turnover is over £2m, we'll ask to see evidence of this.
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You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.

 

Apply by phone

 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

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You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.

If your business turnover is over £2m, we'll ask to see evidence of this.

Apply by phone

 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

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Do you have a Relationship Manager?
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Call your Relationship Manager

You should have a direct number for them. You can discuss applying for an additional business account. They can start the application for you and arrange to get the appropriate signatures.


When can I call?

Business and Relationship Managers are available 9am-5pm Monday to Friday.

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No problem, we can still help.

You can use the form below to open an additional account.

Alternatively, you can call us on 0345 711 4477, or use the Relay UK Service: 18001 0345 711 4477.

More information on accessibility.

Calls may be recorded for training and monitoring purposes. To see how much your call might cost, visit the call charge information page.

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Additional account opening form
What is your estimated annual turnover?
If your business turnover is over £2m, we'll ask to see evidence of this.
Previous
Next

You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.

 

Apply by phone

 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

Previous

You can apply online

This is the fastest way to complete your application.

1. We may use Mitek, formerly HooYu, our trusted online identification and security partner, to check your identity.

2. To see which documents are accepted for proof of identity and address you can visit our Mitek page.

3. Once we receive all your information, we'll review the application and will be in touch.

By starting your application online, you consent to the following:

  • Identity verification using our security partner Mitek.
  • A credit check on everyone on your application.

If your business turnover is over £2m, we'll ask to see evidence of this.

 

Apply by phone

 

Can’t apply online? You can complete your application via phone – discover how you can get in touch. After the call, you’ll need to bring your documents to us in branch or use a professional service provider. This is so we can verify your identity.

It’s likely that you will have to wait a few days for an appointment, and the appointment itself can take up to an hour. Please bear in mind that applying by phone can take longer than applying online.

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Already started an application?

Log in to continue or check the status of your application in our online application centre

You can use the same details that you created when you applied for your business account. If you haven’t already set up access to your online application centre, you can create a login now

Questions about this account?

Need more information before you apply?

Easy finance management

Visit our servicing hub for instant access to managing your business accounts, loans, credit cards and any other business service you have from NatWest.

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Manage my business finances Open in new window

Info about charges

Benefit from our Standard Tariff with no minimum monthly charge. See our full list of business account charges:

Business Account Charges booklet (PDF, 70KB)

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FSCS protected

If both your business and the type of deposit held with NatWest are eligible, you could be protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. Any deposits above the limit are unlikely to be covered.

Financial Services Compensation Scheme Guide (PDF, 45KB)

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Business account terms

Read our Business account terms document.

 

Business Account Terms (PDF, 255 KB)

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Ways to save on business account charges

We're all for saving money (banks generally are) and you probably are too, so here are some of our tips for reducing your account charges during your day-to-day banking. 

Start saving on account fees Open in new window

Business savings accounts

Make your money work as hard as you do with a Business Savings account. As an example, our Liquidity Manager 95-day Notice Account has an interest rate of 3.75% AER, 3.69% Gross p.a. (variable).

Note: The interest rate on the Liquidity Manager 95 account will change to 3.49% AER / 3.44% Gross p.a (variable) on the 27th January 2025.

Eligibility criteria apply. Interest rates are subject to variation. Early withdrawals from the Liquidity Manager Notice Accounts are not permitted. 

View all business savings accounts Open in new window

Something else we can help you with?