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Start up bank account

A current account for companies trading less than a year and turnover below £1m

Banking designed to give your business the best possible start

18-months free banking before standard published tariff applies

FreeAgent accounting software is free for all NatWest Start Up customers, which can save your business £417 (maximum cost payable for FreeAgent per year)

Access and apply for free online business education tools via the NatWest Pre-Accelerator

Connect with experts and like-minded businesses in your local community

24/7 online and mobile banking puts you in control of your finances and time

The NatWest Start Up package is designed to give new businesses the support and tools necessary to help them start, scale and succeed. It is available for businesses that have been trading for less than 1 year and have a projected or existing annual turnover of less than £1m. Don’t qualify? See the range of our other business current accounts.

This account in detail…

Start ups

18 months free banking

That’s right you read that correctly! There’s no annual fee.

Free accounting software

This account gives you access to FreeAgent, which makes business bookkeeping really easy.

Apply for a business credit card

You won’t pay any annual fee for the first 12 months. The annual fee is normally £30 per card issued. You can choose to apply for the business credit card during your bank account application.

Apply for Business Reserve savings account

Start saving today

Features

Visa debit card

Need to pay for business purchases in shops and online or withdraw cash? That’s where the Visa debit card comes in handy. Use Apple Pay and Google Pay™ for payments with your phone.

24/7 Online Banking

Our Online Banking service means you can access your business account, whenever it suits you.

Mobile Banking app

Our Mobile Banking app is secure, easy-to-use and lets you do loads of useful business banking tasks when you’re out and about.

Everyday support

Get text alerts, email alerts, manage Direct Debits and more.

Benefits

Managing cashflow is easy

Because you can access your account 24/7 online or through the app, you know exactly where you stand. You can see what’s gone out, what’s come in and what invoices have been paid.

Receipt Management

Free access to our Receipt Management tool.

Charges

Simple charges information

Our charges info is clear and simple. See the full list of our business account charges:

Want to switch your business account to NatWest?

We can help you switch bank accounts when you apply online.

Useful info about this account

Managing your business finances has never been easier

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

What you’ll need to open an account

Participating providers of UK business bank accounts have agreed to a basic set of information that they will need from you to set up your UK business current account.

Find out what you’ll need to provide using the simple business banking checklist from UK Finance, the UK’s leading trade association for financial services.

Ready to apply

Great, thanks for choosing our Startup business account. Let's get started. Are you a…

Great, please make sure you're eligible to apply

  • You're aged 18 or over
  • You're the owner or a director of the business you’re applying on behalf of
  • Your registered business address must also be in the UK, Channel Islands, Isle of Man or Gibraltar or you should be registered for tax purposes in one of those jurisdictions
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree

Here's the information you'll need during the application...

Personal details

  • Full name, date and place of birth
  • Home addresses (and the date you moved there)
  • Contact details
  • Personal details for any directors, partners, members or signatories.

Business details

  • Trading and any registration addresses
  • Business contact details
  • Information about your business activity and number of employees
  • Any other trading names your business uses
  • Details of when your financial year ends

Registration for tax purposes

  • Details of any countries you (or your business) are registered in

Year-end accounts

  • Details of your business’s or cash flow forecasts

Limited companies only

  • Your registered company number

Please make sure your Limited Company has already been registered with Companies House for at least 48 hours before starting your application with us.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Thanks! Looks like you’re all set and ready to begin

By starting your application, you confirm that you're giving us consent to run a credit check on you and any other people listed on your application.

If you’re not eligible for our Startup or Business accounts, we may offer you our Foundation account. There are no borrowing facilities available with a Foundation account.

If your business will be based in Scotland, please give us a call on 0345 307 0600

Next Generation Text Service:

18001 0345 307 0600

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

OK so you're an existing customer. Is the bank account for...

Great, we know you've been through this before but please make sure 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
  • Your registered business address must also be in the UK, Channel Islands, Isle of Man or Gibraltar or you should be registered for tax purposes in one of those jurisdictions
  • You haven't been declared bankrupt or received a County Court Judgement (CCJ) or Court Decree

Here's the information you'll need during the application...

Personal details

  • Full name, date and place of birth
  • Home addresses (and the date you moved there)
  • Contact details
  • Personal details for any directors, partners, members or signatories.

Business details

  • Trading and any registration addresses
  • Business contact details
  • Information about your business activity and number of employees
  • Any other trading names your business uses
  • Details of when your financial year ends

Registration for tax purposes

  • Details of any countries you (or your business) are registered in

Year-end accounts

  • Details of your business’s or cash flow forecasts

Limited companies only

  • Your registered company number

Please make sure your limited company has already been registered with Companies House for at least 48 hours before starting your application with us.

How your information might be used

It's important for you to understand how we use and share your information. Please read this short summary before you continue with your application.

Thanks! Looks like you’re all set and ready to begin

By starting your application, you confirm that you're giving us consent to run a credit check on you and any other people listed on your application.

If you’re not eligible for our Startup or Business accounts, we may offer you our Foundation account. There are no borrowing facilities available with a Foundation account.

Do you have a Relationship Manager?

Call your Relationship Manager

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

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

No problem. We can still help

Next Generation Text Service:

18001 0345 711 4477 (England and Wales)

18001 0345 307 0600 (Scotland)

For more information on accessibility, visit: https://www.business.natwest.com/business/accessibility.html

Calls may be recorded and call charges from residential, business and mobiles vary, depending on your telephone operator's tariff.

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 start up business account. If you haven’t already set up access to your online application centre, you can create a login now

Additional support for your business

FreeAgent

FreeAgent is cloud based business accounting software that helps you save time on managing your books. We’re offering it free to our business customers.

Tax-record keeping, VAT and more

Does the mere mention of those items give you sweaty palms and a feeling of dread? We’re here to help. 

Grow your business network

Meet with experts and like-minded businesses, as well as gain access to a wealth of free learning tools to grow your business through our digital Pre-Accelerator programme and free Business Growth Events.

Something else we can help you with?