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Royal Bank of Scotland Business
4.1(5,632 reviews)
FSCS ProtectedSME ChampionBusiness Hub Network
Overview
RBS provides dedicated business banking services with a strong focus on Scottish and UK businesses, offering comprehensive support and digital capabilities.
Banking Features
business Account
personal Account
savings Account
current Account
multi Currency
overdraft Facility
business Loans
credit Cards
debit Cards
mobile App
online Banking
branch Network
atm Network
phone Support
relationship Manager
Pros
- Strong Scottish presence
- Business Hub advisors
- Good SME lending
- Part of NatWest Group
- Reliable service
Cons
- Similar to NatWest offering
- Higher international fees
- Account opening takes time
- Limited multi-currency options
Best For
Scottish businesses
Traditional UK companies
Companies needing business loans
SMEs with local operations
FSCS Protected • FCA & PRA Regulated
Fees
monthly Fee
£6.00
transaction Fees
40p per transaction after 20 free
cash Withdrawal Fee
Free at RBS ATMs
international Transfer Fee
£10-£30
overdraft Rate
7.0% - 10.0% APR
atm Fee
£1.75 at other banks
Interest Rates
savings Rate
1.3% - 2.3% AER
business Savings Rate
1.6% - 2.7% AER
overdraft Rate
7.0% - 10.0% APR
loan Rate
6.2% - 12.5% APR
Regulation
Regulators
FCAPRA
Deposit Protection
FSCS Protected
Protection Limit
£85,000 per person
Services
Branch Count
680
ATM Network
2900
Support Hours
8am-8pm daily
Account Opening
7-14 days
Ratings Breakdown
service
4.2
fees
3.7
app
4.1
reliability
4.3